Why does the US care about the Japanese yen?

CNA2 hours ago0:54

After the Japanese yen hit a 40-year low, the US stepped in to prevent it from dipping further. But why would the US care about the value of another country's currency? Simon Ree of The Tao of Trading joins Andrea Heng to explain: - Why the US stepped in to support the Japanese yen - Why intervention may only buy time - What could make a stronger yen last #MoneyTalksPodcast #currency #japaneseyen #cnapodcasts Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms: https://www.facebook.com/channelnewsasia https://www.instagram.com/channelnewsasia https://www.tiktok.com/@channelnewsasia

Why does the US care about the Japanese yen? | PiQ Markets