Will a US intervention save the Japanese yen? | Money Talks

The US has stepped in to support the Japanese yen after it fell to a 40-year low. What does the intervention mean for Singaporeans investing in Japanese stocks or planning a holiday there? Simon Ree from The Tao of Trading joins Andrea Heng to explain what could make a stronger yen last.

Highlights:
00:00 Intro
01:06 Why a weak yen matters
03:42 Why the US intervened
05:09 How currency intervention works
06:20 Why Japan’s efforts fell short
07:59 Can central banks move currencies?
09:25 What could strengthen the yen?
11:42 What happens to the carry trade?
13:38 Has the yen rescue failed?
14:15 What investors should watch
15:09 Should Japan travellers exchange now?

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#MoneyTalksPodcast #currency #JapaneseYen #cnapodcasts

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