Recently, the Bank of Japan's policy adjustments have triggered a weakening of the yen, which immediately drew attention in the foreign exchange market. According to Odaily, analyst Джузеппе Делламотта from the investment analysis firm Investinglive pointed out that Japanese regulators are likely conducting foreign exchange market interventions to reduce the pressure on yen depreciation under the current circumstances. Market observers noted that Japanese authorities set a psychological threshold of USD/JPY 159.00 as an intervention target.
It is worth noting that multiple verbal statements from Japanese government departments last week had a tangible impact on the market, effectively helping to alleviate the depreciation pressure on the yen. By combining verbal interventions with possible actual market operations, Japanese authorities are taking a multi-pronged approach to stabilize the yen exchange rate and reduce ongoing market pressures. Analysts believe that this coordinated policy stance indicates the Bank of Japan's firm commitment to maintaining the stability of the yen.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Recently, the Bank of Japan's policy adjustments have triggered a weakening of the yen, which immediately drew attention in the foreign exchange market. According to Odaily, analyst Джузеппе Делламотта from the investment analysis firm Investinglive pointed out that Japanese regulators are likely conducting foreign exchange market interventions to reduce the pressure on yen depreciation under the current circumstances. Market observers noted that Japanese authorities set a psychological threshold of USD/JPY 159.00 as an intervention target.
It is worth noting that multiple verbal statements from Japanese government departments last week had a tangible impact on the market, effectively helping to alleviate the depreciation pressure on the yen. By combining verbal interventions with possible actual market operations, Japanese authorities are taking a multi-pronged approach to stabilize the yen exchange rate and reduce ongoing market pressures. Analysts believe that this coordinated policy stance indicates the Bank of Japan's firm commitment to maintaining the stability of the yen.