Finance
Yen’s Correlation With Oil Hit 2021 High Before Intervention
The correlation between dollar-yen and Brent crude rose to its highest level since late 2021 a day before Japanese authorities intervened in the currency market, underscoring the tighter link between oil prices and the yen.
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Bloomberg
May 1, 2026·1 min read
Image: Bloomberg
The correlation between dollar-yen and Brent crude rose to its highest level since late 2021 a day before Japanese authorities intervened in the currency market, underscoring the tighter link between oil prices and the yen.
Original article
Yen’s Correlation With Oil Hit 2021 High Before Intervention
Published by Bloomberg