actually, when it comes to the yen, I would argue the tide will only be turned when policies change, and that doesn't look like it is happening soon. not to say they won't intervene above 152, but it will only slow things down unless the Fed actually does start to cut
actually, when it comes to the yen, I would argue the tide will only be turned when policies change, and that doesn't look like it is happening soon. not to say they won't intervene above 152, but it will only slow things down unless the Fed actually does start to cut
I would agree a material domestic policy change or a US recession are needed to turn the trend