manufacturing purchasing manager surveys April 2024
More Japanese Intervention Suspected and General Relief that Powell Didn’t Put a Rate Hike More Explicitly in Play
May 2, 2024
Dollar/Yen fluctuated in a wide 1.3% trading range overnight. Japan’s Ministry of Finance is suspected of selling more foreign currency to support their currency. Intervention the other day is thought to have exceeded $20 billion. Published minutes today taken from the March Bank of Japan mid-March Board meeting express concern about the yen and voice […] More
