13 Hrs
Source:
الراي
Source: الراي
13 Hrsالراي
Source: الراي
13 HrsReady to play
Ready to play
The Japanese yen surged sharply, reaching its highest level in three months against the dollar at 155.20, following joint interventions by Japan and the United States in the foreign exchange market to support the currency, which is experiencing a historic decline. This has led to speculation of further intervention and a 0.7% increase in the currency to 156.46. This came after oil prices fell by more than 6% and Trump canceled planned attacks on Iran, with expectations that Japanese authorities might continue their intervention to support the currency amid accumulating short-selling positions. Experts confirmed that coordinated intervention has a strong impact, especially given the success of previous efforts since 1998.
Notice: This Is an AI-Generated Summary
Comments (0)