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58 sats \ 1 reply \ @siggy47 11 Jul 2024 \ on: Japan intervenes in the currency market econ
Strange timing, no? The dollar will probably weaken in anticipation of a rate cut now that the CPI came in low. 2 weeks ago would have made more sense?
yes indeed, you're right. obviously people in Japan either panicked that something had happened to the currency market and they were not informed about today's CPI print. But I can't imagine that. There must be something else going on in the background
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