Japanese Yen Sinks to 162.27, Its Weakest Since 1986, Reviving Intervention Bets
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3 outlets - including Cryptobriefing, Coinotag and Bitcoin - are covering this story. The yen's decline highlights vulnerabilities in global markets, potentially triggering rapid de-risking and impacting risk assets like crypto. The post Japanese yen hits weakest level against the US dollar since 1986 appeared first on Crypt…
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Japanese yen hits weakest level against the US dollar since 1986
The yen's decline highlights vulnerabilities in global markets, potentially triggering rapid de-risking and impacting risk assets like crypto.
Bitcoin Risk Rises as Yen Hits 162.27, Lowest Since 1986
Crypto News The Japanese yen fell to 162.27 against the dollar on June 30, its weakest level since 1986 and a four-decade low that has revived expectations of central-bank intervention. The slide t...
Japanese Yen Sinks to 162.27, Its Weakest Since 1986, Reviving Intervention Bets
The Japanese yen collapsed to 162.27 per U.S. dollar on June 30, its weakest level since 1986, intensifying speculation that Tokyo could step in to defend the currency for the second time this year. A Four-Decade Low The yen’s slide to a fo…