-
Forget 160; traders see yen slumping as far as 170 this time
Source: Buzz FX / 24 Jun 2024 22:11:17 America/New_York
The yen is at risk of sliding to levels last seen in 1986, with bearish traders unfazed by the spectre of government intervention to bolster Japan’s embattled currency.
A slump as far as 170 per US dollar — some 10-yen from current levels —
Read more...