This summer, the yen is stoking market jitters. For as the US dollar has rallied amid expectations that the country’s rates will remain higher for longer, the Japanese currency has slid to ¥160 a dollar — sparking furtive intervention.
今年夏天,日元引发了市场的不安。随着市场预期美国的利率将保持较高水平较长时间,美元走强,而日元兑美元的汇率已经下滑至160日元兑1美元——这引发了秘密干预。
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