# Japanese Yen: Currency Wars are Real and the Bank of Japan is Assembling A New Rifle

> The yen rose against most major currencies on Friday as risk appetite faltered and safe-haven demand grew. Commentary said the Bank of Japan was preparing for possible currency intervention, and USD/JPY was rejected near 104.

- Date: 2020-12-18 · published 2020-12-18T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/49886-japanese-yen-currency-wars-are-real-and-the-bank-of-japan-is-assembling-a-new
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Safe-haven flows and BoJ intervention talk are currency-market moves with no direct feed-commodity mechanism, so the price implication for feed buyers is negligible.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/yen/14744-currency-wars-are-real-and-the-bank-of-japan-is-assembling-its-rifle

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