Japan's government conducted three (unconfirmed) major currency interventions in less than a week. Already JPY is falling almost like they never happened. It's the dollar that's the matter because what's the matter isn't just Japan and like a lot of things energy is the key. As the Japanese understand all too well, energy means dollars. Eurodollar University's Money & Macro AnalysisBloomberg BOJ’s Ueda Ramps Up Yen Warnings While Traders Keep Sellinghttps://www.bloomberg.com/news/articles/2024-05-08/boj-s-ueda-tweaks-weak-yen-remarks-in-possible-hint-of-rate-hikehttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU