May Day: Market Looks for US Leadership
Marc Chandler
May 01, 2026
In holiday-thinned markets, the dollar is mostly softer as North American leadership is awaited. In light of yesterday’s surge in the yen, and contrary to our expectation, it does appear that Japanese officials materially intervened yesterday. The intervention may have been for around $34.5 bln (~JPY5.4 trillion), which if accurate, would be larg…
May Day: Market Looks for US Leadership
Reviewed by Marc Chandler
on
May 01, 2026
Rating:
Reviewed by Marc Chandler
on
May 01, 2026
Rating:
