Japan’s Yen Flash Crashes To 160 Per Dollar As Global Currency Exhibits Extreme Volatility

The Japanese yen just tapped its worst level against the US dollar in more than three decades, reportedly triggering emergency intervention from the country’s financial authorities. After touching 160.17 per USD, Japan moved to stop the slide and prop up the world’s third most-traded currency, reports the Wall Street Journal. “The U.S. dollar weakens 1% […] source: https://dailyhodl.com/2024/04/29/japans-yen-flash-crashes-to-160-per-dollar-as-global-currency-exhibits-extreme-volatility/