{"id":35740,"date":"2026-05-18T23:20:15","date_gmt":"2026-05-18T20:20:15","guid":{"rendered":"https:\/\/mongolianews.mn\/?p=35740"},"modified":"2026-05-18T23:20:15","modified_gmt":"2026-05-18T20:20:15","slug":"the-3-body-problem-of-the-dollar-yen-exchange-rate-hint-china","status":"publish","type":"post","link":"https:\/\/mongolianews.mn\/?p=35740","title":{"rendered":"The 3-body problem of the dollar-yen exchange rate (hint: China)"},"content":{"rendered":"<figure><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/i0.wp.com\/asiatimes.com\/wp-content\/uploads\/2026\/05\/100-years-china-communist-party-GettyImages-1233712478-copy.jpg?fit=1024%2C683&amp;quality=89&amp;ssl=1\" class=\"attachment-rss-image-size size-rss-image-size wp-post-image\" alt=\"\"><\/figure>\n<p>In August 2024, currency markets briefly remembered how they were supposed to work. The Bank of Japan had begun raising interest rates. The Fed was signaling easing. The yen surged \u2013 USD\/JPY dropped from around 160 to 140 in weeks. Narrower rate differentials, stronger currency. The old playbook seemed intact. Then reality reasserted itself. The [\u2026]<\/p>\n<p>The post <a href=\"https:\/\/asiatimes.com\/2026\/05\/the-three-body-problem-of-the-yen\/\">The 3-body problem of the dollar-yen exchange rate (hint: China)<\/a> appeared first on <a href=\"https:\/\/asiatimes.com\/\">Asia Times<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In August 2024, currency markets briefly remembered how they were supposed to work. The Bank of Japan had begun raising interest rates. The Fed was signaling easing. The yen surged&hellip;<\/p>\n","protected":false},"author":1,"featured_media":35741,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[1],"tags":[],"class_list":["post-35740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-without-rubric"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/35740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35740"}],"version-history":[{"count":0,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/35740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/media\/35741"}],"wp:attachment":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}