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

  1. 1ronnie
    21,288 Posts.
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    11/04/24
    10:52
    Post #: 73292246
    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).
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    lightbulb Created with Sketch.  Great analysis
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