Yen Set for Seventh Weekly Drop

The video discusses the significant decline of the yen, which has dropped over 10% against the dollar in four months. This has led to speculation about potential interventions by Japanese officials. Analysts suggest that any intervention might fail without US support. Market predictions vary, with some expecting the yen to fall further, possibly reaching 150 against the dollar. The video highlights the uncertainty in the market and the potential for the yen to stabilize at 130 against the dollar.

What are the implications of the yen sliding more than 10% against the dollar?

What are the differing opinions on the likelihood of successful intervention by the Commonwealth Bank of Australia?