[Video] Currency Intervention: Will Japanese Government Draw a Line in the Sand?
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The Japanese Yen keeps falling these days. How far will it go? Will the Japanese government draw a line in the sand and intervene in the forex market? We talked to Bruce and Takehiko Nakao, the former vice finance minister of Japan, for a deep dive into the topic.
In this episode, Bruce and Nakao-san will discuss:
- Japan's policy considerations for currency intervention
- Whether the MOF will draw a line in the sand at the 150 level of USD/JPY
- Bull run of Nikkei and Topix
- Yen carry trade
- Whether short JGBs is still a widow maker trade