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USD/JPY finally reaches a key level after multiple interventions. What's next?

  • The USD/JPY pair fell all the way back to the key 155.00 handle after several interventions from Japanese officials. The macro backdrop remains negative for the Japanese yen and the dip-buyers continue to pile in.
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USD/JPY finally reaches a key level after multiple interventions. What's next?
Forex
Japan bond yen JPY
Forex

Japan goes hard with latest intervention push, USD/JPY drops to ten-week low

  • The MOF is not messing about today, striking hard as the currency pair falls to its lowest since the end of February
Forex
JPY YEN CURRENCY
Forex

USD/JPY sees a quick knock down today, another intervention hit?

  • It seems like Japan's MOF is calling for the BOJ to do their bidding again today
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