Institution: The Yen Soars by 400 Points, Not Just Due to the Weakness of the US Dollar
2026-07-30 22:47:03
According to CoinMeta, tj, the director of foreign exchange sales and trading, Neil Jones stated that the plunge of 400 points in the US dollar against the Japanese yen strongly indicates that the Japanese Ministry of Finance (MOF) may have conducted further official intervention. The yen has performed strongly against all major currencies, and it's not just as simple as the weakening of the US dollar.
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Source:Jin10 Data
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