USD/JPY rises above 150.00

25/10/2023 | 19:52 GMT

Here we go again

It's tough to hold back the tide when US 10-year rates are up 10 bps today and threatening 5% again.

The last time, the MOF busted this pair all the way down to 147.27 on intervention (though they denied it). Let's see how this episode goes.

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