Wall Street Journal (August 11)
2026/ 08/ 13 by jd in Global News
“It was obvious when Tokyo and Washington intervened recently to stabilize the value of the yen that the intervention wouldn’t stick, and sure enough. The Japanese currency has commenced a new downward march, so perhaps it’s time for a new plan…. Absent fundamental policy changes in Japan, no intervention from anyone will prop up the yen indefinitely.”
Tags: Currency, Downward march, Fundamental, Intervention, Japan, New plan, Obvious, Policy changes, Prop up, Stabilize, Tokyo, Value, Washington, Yen
