Currency War: The Battle to Defend National Strength in the Exchange Markets

Since 1990, the dollar has been worth more than 160 yen for the first time in morning trading, with a value of 160.17 yen. This increase has sparked speculation about possible intervention by Japanese authorities to support their currency. Meanwhile, inflation in the United States exceeded expectations at the end of last week, leading to the dismissal of the idea of a US interest rate cut this year.

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