Why the historic U.S.-Japan intervention has failed to halt the yen’s slide

The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

The yen gained on Wednesday following a rally in Japan's equities and bets on more fiscally responsible policies after Prime Minister Takaichi's election win.
The Japanese yen has erased about half …

წყარო: CNBC