The yen has reached its lowest point against the US dollar in almost 40 years, prompting worries of intervention from Japanese authorities. The decline is fueled by a strong dollar, expectations of US rate hikes, and growing bearish bets on the yen, despite Japan's recent economic improvements.
The yen has reached its lowest point against the US dollar in almost 40 years, prompting worries of intervention from Japanese authorities. The decline is fueled by a strong dollar, expectations of US rate hikes, and growing bearish bets on the yen, despite Japan's recent economic improvements.
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