Yesterday we discussed the movements in the JPY, and as anticipated, today we will briefly cover their relevance for global risk markets and the global benchmark, the SP500 The Japanese banking and insurance sectors are among the largest and most important in the world. As of 2024, Japanese banks held approximately USD 17 trillion in […]
In recent years, it has happened on several occasions that Japanese monetary and government authorities (often in coordination with their counterparts) begin to express concern when USD/JPY moves above the 150 level and step into the FX market to stabilize the domestic currency as it approaches the 160 area. The first intervention took place in […]
