# Japan's FX intervention bark will lack bite

> An analysis argues that Japan's foreign exchange intervention threats will have little effect on the yen. It says Japan's inflation has peaked and is falling, and the economy is in recession. The piece is framed around the yen's depreciation pace being excessive.

- Date: 2024-02-21 · published 2024-02-21T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/31910-japan-s-fx-intervention-bark-will-lack-bite
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A persistently weak yen makes Japanese buyers of U.S. feed and grain less price-competitive, which can weigh on U.S. export demand. The effect on prices is indirect.

## Read by commodity

- USDJPY: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/asia/japans-fx-intervention-bark-will-lack-bite-2024-02-21/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.