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Yen Jumps On Report Of BOJ "Rate Check" But It's "Too Little Too Late"
Yen Jumps On Report Of BOJ "Rate Check" But It's "Too Little Too Late"
Update: (12:40pm ET)
The Bank of Japan, not to mentioned Scott "the House" Bessent, have been most displeased with the yen plunge following today's BOJ rate hike, and so they once again do what they do pretty much every other week now: intervene in the market.
As we said earlier (see below) when we predicted that some sort of central bank intervention was inevitable, the yen pared declines on Friday after Japan's Nikkei newspaper reported that the Bank of Japan...
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Via Remix News,
New data released by Eurostat on Wednesday reveals a staggering rise in reported sexual crimes across the European Union, with Spain showing an increase far beyond the continental average.
Spain has seen one of the most significant shifts in reporting, according to Spain’s La Razon outlet. In 2024, the country registered “5,222 violations” compared to only “1,239 in 2014.” This represents a “322 percent increase,” a figure that sits “well above the 150 percent average...
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