※Translated with Notion AI. (Plus version)
On April 25, after the dollar/yen exceeded 155 yen, which was considered the intervention line, it reached 158 yen on the 26th in response to a press conference by Mr. Ueda, the governor of the Bank of Japan.
By chance, I was on a business trip to London the week before last and was watching the Bank of Japan’s decision in Japan last week.
Naturally, I can’t share customer information (there are people who casually say “hedge funds are ~” in the media, but it’s a mystery why that’s allowed), but I’d like to explain why the Bank of Japan’s announcement resulted in accelerating the yen’s depreciation.
