Yen Weakens as Japanese Stock Market Rallies

Posted on 06/30/2023


The yen continues to fall against the dollar as the Japanese stock market rallies. It is seeing lows not seen since November 2022. The yen is approaching a point at which the government intervenes. The currency is over 140 to the dollar. There is a significant gap between U.S. interest rates and Japanese rates, and…

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