Wash's debut "Eagle Strike" in the foreign exchange market: the yen is under pressure, approaching the intervention red line, and the hidden risk of arbitrage closing positions is emerging.

According to the Bloomberg Finance app, after the Federal Reserve took a hawkish stance, the yen exchange rate fell to a level that previously prompted the Japanese Ministry of Finance to intervene. The market is closely watching whether the Federal Reserve will intervene in the yen exchange rate. The rise in US Treasury yields is putting pressure on Asian currencies, making it more difficult for central banks in the region to lower interest rates without risking further depreciation. The Federal Reserve's hawkish stance has readjusted global market expectations and may also trigger a significant sell-off of risky assets.