Bank of Japan Summary of June 2024 Board meeting

Final Week of 2024 First Half Finding Crypto and Yen Struggling to Stay Above Important Levels

June 24, 2024

The price of Bitcoin tokens plunged 3.5% overnight to a two-month low and within $860 of the psychological support of $60,000. The Japanese yen touched a low of 159.81 per dollar. Japanese intervention sales of foreign currency this month has slowed the Japanese currency’s descent but not reversed the weak trend that stems from the […] More

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