{"id":161394,"date":"2023-09-23T11:49:40","date_gmt":"2023-09-23T06:19:40","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=161394"},"modified":"2023-09-23T11:49:40","modified_gmt":"2023-09-23T06:19:40","slug":"intervention-efforts-usually-have-an-initial-effect-of-a-5-big-figure-drop-tds-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/intervention-efforts-usually-have-an-initial-effect-of-a-5-big-figure-drop-tds-crypto-news\/","title":{"rendered":"Intervention efforts usually have an initial effect of a 5 big-figure drop \u2013 TDS &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>Economists at TDS analyze the implications of interventions from Japan for the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\">USD\/JPY<\/a> pair.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY on a path towards 150<\/h2>\n<blockquote>\n<p>Mof officials (e.g., Suzuki, Matsuno) repeated the JPY jawboning today in a warning to speculators that imminent intervention is on the table, especially with USD\/JPY on a path towards 150.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>The JPY weakness is taking a hit on Kishida&#8217;s popularity in the polls which probably nudged the government to unveil a new set of economic measures next week. We doubt authorities want media headlines on JPY weakness to overshadow the fiscal announcements, and lean towards them pulling the intervention trigger.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>If they intervene &gt;150, watching 146.5 as first support before a retest of the psychological 145 level again \u2013 past intervention efforts usually have an initial effect of a 5 big-figure drop in USD\/JPY.<\/p>\n<\/blockquote><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Economists at TDS analyze the implications of interventions from Japan for the USD\/JPY pair. USD\/JPY on a path towards 150 Mof officials (e.g., Suzuki, Matsuno) repeated the JPY jawboning today in a warning to speculators that imminent intervention is on the table, especially with USD\/JPY on a path towards 150.\u00a0 The JPY weakness is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,1062,250,252,247,253,249,275,256,254],"class_list":["post-161394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-japan","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/161394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=161394"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/161394\/revisions"}],"predecessor-version":[{"id":161396,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/161394\/revisions\/161396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/5294"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=161394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=161394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=161394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}