2025-12-22 13:25:20

Market observers point out that if Japanese authorities want to rely solely on forex intervention to stabilize the yen, the risks are quite high. The key is that the government must simultaneously manage the fiscal front well; otherwise, any intervention may end up being in vain.

This Friday, Japan will announce its budget proposal for the fiscal year 2026, and investors are generally becoming nervous—worried that the scale of spending will exceed the normal range. If the budget projections indeed turn out to be too ambitious, the chain reaction will be very direct: government bond prices will first be pressured to decline, followed by increased pressure on the yen to depreciate.

Once it reaches this stage, the Ministry of Finance may be forced to intervene. However, there is a question: can such market intervention really be effective? In fact, there is considerable uncertainty. The contents of the budget and the subsequent policy trends are likely to become key points of interest in the forex market next week.

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GasFeeNightmare

· 2025-12-25 13:16

The Japanese government is up to something again, intervening with one hand and printing money with the other. Is this going to work? --- Once the budget bill is announced, it’s probably going to cause riots again, with government bonds and the yen plunging together. --- Basically, foreign exchange intervention only treats the symptoms, not the root cause. They still have to rely on fiscal policy to back it up. The question is, are they willing to cut spending? --- Next week’s forex market is going to explode. Who dares to bet that the yen won’t break 150 next week? --- If this combination punch really works, I’ll eat my screen live. I bet five cents that the Ministry of Finance will still flood the market with liquidity. --- This is a classic case of drinking poison to quench thirst. Intervene this week, intervene next week—it's an endless cycle. --- Japan is playing with fire. If the budget overshoots, the chain reaction could happen in minutes, and a sell-off of government bonds is inevitable. --- Let’s wait and see the budget bill on the 5th. In my opinion, it’s probably going to be another big-spending move.

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LonelyAnchorman

· 2025-12-25 06:38

Fiscal instability makes foreign exchange intervention pointless. It feels like Japan's next move might go wrong. --- Here we go again. Relying on money-burning to rescue the market every time. Can it really solve the fundamental problem? --- If Friday's budget bill overspends, the yen will be doomed. By then, intervention will be too late. --- Basically, it's like intervention with one hand and smashing with the other. The entire system itself is flawed. --- This kind of uncertainty is the most disgusting. Investors have to stay on edge. We'll see the outcome on Friday. --- The feeling of a triangular debt involving government bonds, the yen, and the budget—ultimately, it's the common people who pay the price. --- If fiscal management can't be controlled, foreign exchange intervention is just a futile act.

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SatsStacking

· 2025-12-23 01:27

Japan is about to play that old trick again. Can it really stabilize just by relying on forex intervention? Laughable, it’s purely self-deception if the finance ministry doesn’t cooperate. Once the budget proposal comes out, it’s likely going to be a big explosion, a double whammy of national debt and yen depreciation. There might be a good show to watch this Friday. The Ministry of Finance’s intervention is useless; in the end, it’s all about the poor policy coordination. With one hand intervening and the other hand engaging in point shaving, this situation seems endless. To put it bluntly, it’s a gamble on the budget proposal. If the bet is right, the profits are huge; if wrong, it's Cut Loss. Next week’s forex market will hinge on this move.

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PositionPhobia

· 2025-12-22 14:01

If the finance doesn't cover, forex intervention is just a waste of effort. Can this Japanese budget really be controlled? --- We'll have to see the tricks from Japan again. It feels like the national debt is about to explode. --- If the budget is too large, the yen will have to kneel, and the Ministry of Finance won't be able to save it then. --- To put it bluntly, it's still a failed product. Simply intervening in the exchange rate is just self-deception. --- I've already tensed up for Friday's budget proposal; this wave is definitely going to cause fluctuations. --- National debt under pressure, yen depreciation, ineffective intervention? This process is all too familiar. --- The fundamental problem is fiscal loss of control; what's the use of just patching things up? --- I feel like Japan is really going to explode this time; the budget proposal might be more exaggerated than expected. --- If intervention were useful, there wouldn't be so many problems; it fundamentally treats the symptoms, not the root cause. --- Let's wait for Friday; once the budget proposal comes out, the forex market will know the truth.

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DegenApeSurfer

· 2025-12-22 13:42

Japan has started forex intervention again, will this time work? To be honest, it's a bit uncertain... If the finances are not managed well, intervention is just a waste, this is something everyone understands. Friday's budget proposal will directly determine how to play afterwards, hold on tight everyone. Rather than guessing, it's better to wait for the data, after all, this issue with the yen has been going on for so long and still remains the same. Has the Ministry of Finance ever succeeded in intervention? I don't really have any impression...

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StrawberryIce

· 2025-12-22 13:39

Japan has started playing forex games again. It feels like pressing a gourd to float a ladle. Once the finance is loosened, intervention is in vain. That budget proposal on Friday is really crucial. Without a king bomb budget, the yen is likely to continue to fall. Policies that are overly hasty often end in disgrace. Can the Japanese stabilize this time? Rather than intervening, it's better to improve the finances; putting the cart before the horse will always lead to failure. Intervening in the forex market is truly like drinking poison to quench thirst; it will eventually backfire. Everyone, bet on the budget proposal. Let's see the truth on Friday.

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Degen4Breakfast

· 2025-12-22 13:35

Japan's recent actions are truly like a double-edged sword, forex intervention + fiscal loss of control, there's no way to save it no matter what If the budget proposal goes over the limit, the yen is really done for, must hold this line Is the Ministry of Finance going to take action again? History always repeats itself, the forex market will explode next week Relying solely on forex intervention? Dream on, without fiscal cooperation that's just futile The key still lies in Friday's budget data, that's the real trigger National debt big dump → Yen continues to depreciate? A standard chain reaction, an old trick Instead of getting tangled up in whether to intervene or not, it's better to first sort out the scale of expenditure, it's a case of putting the cart before the horse.

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