Japan Considers Shorting Oil to Stabilize Yen Amid Freefall
Amidst a rapidly depreciating yen, Japan is reportedly considering shorting oil as a measure to prop up its currency, with markets anticipating intervention from the Bank of Japan, a strategy referred to as a 'cool pivot'.
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Oil Futures: Japan's Cool Pivot To Arrest Yen's Freefall
Read full article →A Panicking Japan Considers Shorting Oil To Prop Up The Crashing Yen
A Panicking Japan Considers Shorting Oil To Prop Up The Crashing Yen With the yen collapse accelerating, and pushing the USDJPY above 160 for the first time since 2024, markets are on edge expecting a BOJ intervention at any moment as this was the price when the BOJ intervened last time. However, with BOJ interventions having been consistently proven futile with a half life of just weeks if not days, Japan - facing soaring inflation yet desperate not to raise rates as that wo...
By Tyler Durden
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