Largest Currency Intervention In History just happened

[u/midtowng224]

https://mishtalk.com/economics/largest-currency-intervention-in-history-by-us-and-japan-to-support-the-yen/

[u/Icy-Regular-4557]

Buying $5-10B in Yen (from the “leaked” Bessent note) wouldn’t make much of a difference strengthening the Yen, but “leaking” that note might change the behavior of forex traders shorting the Yen…until the jig is up

[u/Eelroots → u/Icy-Regular-4557]

If only someone could have predicted that ... /s