USDJPY Eyes 155 as Japan-US Intervention Tests Yen Rally
Japan-US joint intervention pressures dollar-yen; markets watch if yen breaks below 155, a key threshold seen as testing whether the rally can reverse structurally.
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Japan-US joint intervention pressures dollar-yen; markets watch if yen breaks below 155, a key threshold seen as testing whether the rally can reverse structurally.
Japan, with US coordination, likely executed record interventions totaling around $34 billion on Friday to aggressively support the yen, pushing it sharply higher against the dollar and signaling str…