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Massive coordinated Yen intervention announced this weekend.
Massive coordinated Yen intervention announced this weekend. Traditionally large delta rapid strengthening of the yen has been associated with risk asset weakness especially global equities. So far this is a 5% down move in USD/JPY (yen strength) Rapid moves can sometimes… pic.twitter.com/IugjnxcDWW — Edward Dowd (@DowdEdward) August 3, 2026
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