BREAKING
Japan spent $73.4 billion on currency intervention in May, yet the Japanese yen has weakened again and is trading near ¥162 per U.S. dollar — its lowest level since 1986 📉.
Despite massive efforts to support the currency, ongoing dollar strength and interest rate divergence continue to pressure the yen.
⚡ Market participants are closely watching whether Japan will step in with additional intervention if the yen weakens further.
Stay tuned for updates.