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Yen Futures: A Key Market Intervention Alert or Not?
Yen futures and spot dollar yen levels obviously matter especially like you know 145 when 150 on spot usdjpy while that matters. The only kind of catalyst that might pause this momentum in the near term would be us cpi figures that come out this week. There's kind of almost panic exiting at any price level um just to get out of position uh so how about the chinese yuan as of the as of latest right? This is basically a 100% done deal on you know hike 25 okay so that's the end basically mechanical market trading in terms of yen price action and behavior Especially since july fomc is basically a100%done deal on you Know hike 25 okay