Yentervention: Will it stick this time?
Japan’s first intervention in the Forex market in almost two years shows that authorities are serious about preventing the sharp depreciation of the Yen.

Japan’s first intervention in the Forex market in almost two years shows that authorities are serious about preventing the sharp depreciation of the Yen.
The European Central Bank (ECB) and the Bank of England (BoE) may operate in different economies, but this week’s meetings delivered a strikingly similar message: inflation risks are creeping back just as growth is losing momentum, giving some belief to the idea that a stagflationary scenario could
Crude oil has been very noisy in April, and May looks more likely than not to be more of the same.
The USD/JPY pair builds on the previous day’s breakout momentum beyond the 160.00 psychological mark, hitting a fresh high since July 2024 on Thursday.
Gold is fading its bounce from monthly lows of $4,510 set on Wednesday, as buyers lack conviction amid renewed haven demand for the US Dollar (USD)
Powell’s departure is probably the most troublesome end of a Federal Reserve (Fed) Chair, despite being the most resolute leader a central bank could have. Indeed, Powell could be labeled as conservative.