The USD/JPY is nearing intervention territory as it climbs above 157.00. Are we going to see a re-test of 160.00? asks Fawad Razaqzada, Market Analyst at City Index and FOREX.com.
Read more … →
The Japanese Yen rose sharply amidst a broader U.S. Dollar selloff that followed the Federal Reserve's May 01 policy update, leading to speculation that authorities have again intervened to strengt…
Read more … →
Dollar-Yen popped above 160 in a rapid move in thin liquidity. However, hours later, it slumped to 155.01 with speculation of possible intervention from Japanese authorities.
Read more … →
The Japanese Yen was sold across the board after the Bank of Japan confirmed it would continue with an age-old policy of ultra-low interest rates and continue to buy government bonds.
Read more … →
The BoJ has a history of disappointing hawkish expectations, and thus, should this be the case again, the yen is likely to continue falling.
Read more … →