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WEEKLY WRAP-UP (s2023 e3)
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MacroTourist Weekly Wrap-Up

WEEKLY WRAP-UP (s2023 e3)

for the week ending Friday, July 21st, 2023

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Kevin Muir
Jul 23, 2023
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The MacroTourist
The MacroTourist
WEEKLY WRAP-UP (s2023 e3)
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Japan to abandon YCC this month?

Let’s start with Japan.

Earlier in the month, the Japanese Yen was one of the stronger currencies. There were rumours that the Bank of Japan would abandon their YCC (yield curve control) at the upcoming meeting. The Yen rallied from 145 to 137.50 in a week and a half.

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