What happened? Since March 2022, the US Federal Reserve has been on a tightening mode. The result is that most major currencies have depreciated against the US dollar.  A basket of the US major trade partners’ currencies has depreciated by 6% against the US dollar. Of note here however is the significant depreciation of the […]

source: https://thefinance.sg/2024/06/27/japanese-yen-falls-to-38-year-low-whats-next/