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3 weeks ago General
After the Japanese yen hit a 40-year low, the US stepped in to prevent it from dipping further. But why would the US care about the value of another country's currency?
Simon Ree of The Tao of Trading joins Andrea Heng to explain:
- Why the US stepped in to support the Japanese yen
- Why intervention may only buy time
- What could make a stronger yen last
#MoneyTalksPodcast #currency #japaneseyen #cnapodcasts
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