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A Post-CPI Yentervention? - by Weston Nakamura
https://westonnakamura.substack.com/p/a-post-cpi-yentervention
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The case for why the sharpest intraday drop on USDJPY since Oct’22 underway is yentervention - as well as why it is NOT, and why the distinction matters greatly for broad macro markets.
