Post by Augustine Chiagozie (@pabloexchange)

💴 Yen is at its weakest level in 40 years

Here's why:

🛍 BoJ behind the curve & credibility in question
🛍 Interventions ineffective
🛍 Higher oil prices
🛍 Fiscal concerns

The BoJ hiking will help this, but they are limited given Japan's enormous debt.

The Yen at 170 is likely.

💴 Yen is at its weakest level in 40 years Here's why: 🛍 BoJ behind the curve & credibility in que...

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