crashbandicoot2007| The exchange rate of the yen against the US dollar exceeded 154, and the market focused on key resistance 155
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[Yen appreciation benefits from possible Japanese market intervention] April 16crashbandicoot2007, the yen has shown a strong appreciation trend in the foreign exchange market, and compared with other G10 currencies and Asian currencies, the yen has performed particularly well in early trading. Market analyst Matt Simpson said that the U.S. dollar/yen exchange rate successfully exceeded the 154 mark on Monday, the first time since 1990. This has focused market attention on the key resistance level of 155. Recently, Japan's former senior monetary policy official said that once the exchange rate reaches 155, the government may intervene. Risk warning: The above content is only as the author or guest's point of view, does not represent any position and does not constitute any investment advice related to and news. Before making any investment decision, investors should consider the risk factors associated with investment products according to their own circumstances and consult professional investment advisers when necessary. Hexun strives to but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any warranty or commitment.