Yen above 153 now. Hasn't hit this level since June 1990....

  1. 20,781 Posts.
    lightbulb Created with Sketch. 1964
    Yen above 153 now. Hasn't hit this level since June 1990. Situation keeps getting worse.

    https://x.com/David_Dierking/status/1778172510980206626

    ..BoJ may have to seriously contemplate raising rates. But doing so would threaten the carry trade (borrowing yen to invest overseas).
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.