Tag: Forex Trading
-
Japanese $62 billion currency intervention FAILS
After months of speculation from currency traders, the Bank of Japan confirmed that they did a currency intervention to strengthen the falling Japanese Yen. The Bank of Japan confirmed its first currency intervention since 2022 with $62 billion being used to prop the Yen between April 26th 2024 and May 29th 2024. Here was the…
-
![Exchange Rates and Other Romantic Things]()
Exchange Rates and Other Romantic Things
I am writing this from New York, New York and after several passes at that sentence, I still don’t know how to make it not sound pretentious. No matter, I’ve decided the best course of action is to lean in so I am currently sitting in a miniature library in Brooklyn, sipping an americano, and…
-
![Yensanity! Why the Bank of Japan matters!]()
Yensanity! Why the Bank of Japan matters!
Months ago, I warned readers that the Bank of Japan is the most important central bank to be watching. I even did a video explaining why every trader must be watching the Bank of Japan (BoJ). Nobody really cared much about the BoJ since their monetary policy meetings never changed. But things could be changing.…
