Market Analysis
Why Japan is Considering Selling its USD Reserves for the First Time Since 1998
Japanese authorities have said intervention is an option, but market analysts have expressed doubts.
BTC$66,786.00+4.86%
ETH$1,827.04+10.01%
USDT$0.9995+0.01%
XRP$1.28+12.92%
USDC$0.9998-0.02%
SOL$75.14+11.54%
TRX$0.3195+0.28%
FIGR_HELOC$1.03+1.89%
HYPE$67.95+13.53%
DOGE$0.0896+3.78%
USDS$0.9998+0.02%
LEO$9.81+0.96%
ZEC$525.65+24.31%
RAIN$0.0136+4.00%
XLM$0.2274+24.93%
BTC$66,786.00+4.86%
ETH$1,827.04+10.01%
USDT$0.9995+0.01%
XRP$1.28+12.92%
USDC$0.9998-0.02%
SOL$75.14+11.54%
TRX$0.3195+0.28%
FIGR_HELOC$1.03+1.89%
HYPE$67.95+13.53%
DOGE$0.0896+3.78%
USDS$0.9998+0.02%
LEO$9.81+0.96%
ZEC$525.65+24.31%
RAIN$0.0136+4.00%
XLM$0.2274+24.93%
The Japanese yen has surged to a four-month peak against the dollar after the BOJ let a benchmark interest rate rise to 0.5%.
Japanese authorities have said intervention is an option, but market analysts have expressed doubts.