The yen rebounded to 5.05, and arbitrage trading set off a wave of liquidation “the Bank of Japan raised interest rates or ended weak labeling”

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The yen rebounded to 5.05, and arbitrage trading set off a wave of liquidation “the Bank of Japan raised interest rates or ended weak labeling”

The exchange rate of the Japanese yen continued to rebound. Among them, the US dollar had seen a level of 154.36 compared to the Japanese yen; for every 100 yen to the Hong Kong dollar, I had seen “5.05 calculation”. According to Bloomberg reports, as the Japanese yen rose above the key level, global arbitrage trading closed, and pushed down currencies such as the Mexican peso, Australian dollar, and New Zealand dollar. Influenced by Trump's and…