Yen at work

A 2% drop in the value of the Japanese yen against the US dollar on Tuesday suggests the Bank of Japan may have intervened when it recovered. In this episode, Brian Daingerfield joins Eimear Daly to discuss the outlook for yen, looking at its fundamentals, assessing the effectiveness of intervention and commenting on whether this may be affected by higher US Treasury yields. Remember to hit ‘subscribe’ or ‘follow’ so you can watch or listen to the latest episode of Currency Exchange as soon as they’re available.NB: This was recorded on 05 October 2023.For any terms used please refer to this glossary:  https://www.natwest.com/corporates/insights/markets/glossary.html Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html