Japanese Yen: Joint intervention lifts JPY against US Dollar – Rabobank
Rabobank’s Senior FX Strategist Jane Foley highlights that Japanese authorities benefited from the post-FOMC US Dollar (USD) drop, which eased pressure on the Japanese Yen (JPY).
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- Japanese startups are racing to enter defense drone production, as Tokyo seeks to cut reliance on Chinese industrial drones, which control 91% of Japan's market (Mitsuru Obe/Nikkei Asia) asia.nikkei.com
- Joint U.S.-Japanese intervention boosts the yen — but will it be enough? marketwatch.com
- Japanese Yen: Joint action fails to secure lasting gains – Commerzbank fxstreet.com
