Joint U.S.-Japanese intervention boosts the yen — but will it be enough?
Although forex market intervention can affect exchange rates, most strategists believe interest rate differentials are the ultimate arbiter of the direction of travel. Japan’s rates are much lower than the U.S.
Overview
Although forex market intervention can affect exchange rates, most strategists believe interest rate differentials are the ultimate arbiter of the direction of travel. Japan’s rates are much lower than the U.S.
Source
Originally published at www.marketwatch.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.