🇯🇵 The yen has just highlighted the limits of FX intervention: the US and Japan massively supported the currency at the end of July, yet less than two weeks later USD/JPY is already back close to 160. 💹 The mechanism is almost perverse. Investors borrow yen at a very low cost, https://t.co/1KavHJmvFd #Yen #Forex #USDJPY #JP #US