Category: asymmetric
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Credit Agricole: Japan has succeeded in generating asymmetric risks around USD/JPY
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bitlyfoolUSD/JPY 1 hour Credit Agricole notes that recent interventions by the Japanese Ministry of Finance and the Bank of Japan have succeeded in creating asymmetric risks around the USD/JPY exchange rate. Estimated expenditures approaching those of previous interventions in 2022 have effectively influenced market expectations and risk assessments. the main…