Even with the dollar pausing its latest rally, Dollar-Yen hit a fresh 34-year high at around 154.85.
Read more … →In a move reminiscent of the 1985 Plaza Accord, the Biden administration, alongside its Asian allies, appears to be laying the groundwork for a coordinated intervention effort aimed at stemming theโฆ
Read more … →Dollar-Yen's recovery from its overnight lows means price is forming a potential hammer candle on the daily timeframe.
Read more … →Analysts at Standard Chartered Bank say Japan's Ministry of Finance (MoF) might intervene in the USD/JPY exchange rate if it crosses the 152 level.
Read more … →The Dollar-Yen exchange rate is looking more comfortable below 152 following hawkish comments from Bank of Japan Kazuo Ueda that signal the prospect of further rate hikes.
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