Japanese Yen reached the new low against US dollar since June 1990. No one intervene the Japanese Yen today and haven’t even mentioned, except 160 yen story as their starting point of real intervention.
A week ago, Bank of Japan mentioned 155 yen as the MAGINOT line to secure their value. Today, Japanese Yen ended at 158.28 yen per dollar. Big question raises at this point, why BOJ is not reacting?
