What’s behind the sudden yen jump? | Morning Bid
With Japanese markets on holiday and liquidity thin, the yen jumps sharply on what sources suggest may be a second round of official buying. Central banks in Europe lean hawkish despite stagflation concerns, while Apple’s earnings beat is tempered by Tim Cook’s warning that iPhone prices could rise due to chip shortages.
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5 Comments
Does the rising yen affect fingoths?
Why Reuters AND BBC. Both British. We have enough darn newscasters in the US. One British is enough.
poked Japan? yes… now they're gonna revaluate
talk about disrupting the market, by making bold moves here
Looked close to a $trill shifted, fairly smoothly too!
Not a lot of difference in the yen vs Aussie dollar exchange rate (I'm keeping a close eye with a trip coming up).