This week, the Japanese yen exchange rate fluctuated violently in the foreign exchange market, with the maximum appreciation exceeding 8 yen. On April 29, the yen once depreciated to 160 yen per US dollar, which was the lowest point in 34 years. However, market observers believe that the Japanese government and the Bank of Japan conducted multiple interventions, causing the yen to reverse its appreciation. On May 3, the U.S. employment data for April was lower than expected, and expectations of a rate cut by the Federal Reserve increased, narrowing the interest rate gap between Japan and the U.S., prompting the market to sell the U.S. dollar and buy the Japanese yen, pushing the Japanese yen exchange rate up to 151.51 to 151.99 per U.S. dollar. meta interval. However, the market generally believes that the Bank of Japan's intervention effect is short-lived. With the significant interest rate gap between Japan and the United States, the depreciation trend of the yen is difficult to reverse. The future monetary policy trends of the Federal Reserve and Bank of Japan will continue to affect the yen exchange rate. #日元汇率

The central bank is in trouble this time. It has intervened in the foreign exchange market twice in the past week. It intervened once on April 29, and the currency went directly back to 154 from 160, and then depreciated back to 158. It intervened again in the early morning of May 2. The first intervention cost 5 trillion yen, and the second intervention cost 3.5 trillion yen. In total, it cost more than 50 billion US dollars.
This time, many American institutions are shorting the yen, and even Mr. Buffett is among them, vowing to cut a piece of pork belly to fill the hole at home.

I am happy, I am happy, come on, Mr. Buffett, I have always believed that you can do it since I was a child! ! !
#BTC #ETH #日元汇率 #5月市场关键事件 #美联储何时降息？ $BTC $ETH $BNB

Shocking, the yen fell to 34 years ago overnight! !

On April 29, the yen experienced shocking fluctuations in the New York foreign exchange market!

At about 9:30 am on April 29, Beijing time, the yen-dollar exchange rate depreciated sharply, once falling below 160 yen to 1 dollar, hitting the lowest level since April 1990.

Subsequently, the yen suddenly soared by nearly 500 points, an increase of more than 2%. This is the result of Japan's intervention by buying yen. However, the Deputy Minister of the Japanese Ministry of Finance refused to comment on this. #日元汇率 #ETH #香港加密货币ETF

#日元汇率 The yen exchange rate fell back to 160, what will be the future trend?
Let’s jump to the conclusion: 160 is just the starting point, 170, 180, 200 are all possible in the future!

The reason is very simple. If Japan is regarded as a company, the company’s industry is squeezed by China, and the company’s future income is getting worse year by year, how can we convince investors to continue investing? If we can’t convince investors, it’s only a matter of time before the yen depreciates to 200.

$BTC