Will a US intervention save the Japanese yen? | Money Talks

The US has stepped in to support the Japanese yen after it fell to a 40-year low. What does the intervention mean for Singaporeans investing in Japanese stocks or planning a holiday there? Simon Ree from The Tao of Trading joins Andrea Heng to explain what could make a stronger yen last. Highlights: 00:00 Intro 01:06 Why a weak yen matters 03:42 Why the US intervened 05:09 How currency intervention works 06:20 Why Japan’s efforts fell short 07:59 Can central banks move currencies? 09:25 What could strengthen the yen? 11:42 What happens to the carry trade? 13:38 Has the yen rescue failed? 14:15 What investors should watch 15:09 Should Japan travellers exchange now? ============== #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