Forex Market Commentaries - Japan Intervention Bill

$500 billion just doesn't buy what it used to

There are times when the mechanics of high finance can leave even the most economically literate amongst us speechless. Whilst there’s an argument that burning through $500 billion is simply emotive and extreme language to describe the ‘spend’ the Bank of Japan has engaged in to support the yen, the fact remains that estimates put […]

$500 billion just doesn't buy what it used to Read More »