High oil prices, BoJ's hesitation to hike, and a slightly hawkish FOMC have all driven USD/JPY above 160 this week. Japan's ...
The yen bounced higher Thursday on talk of yen intervention. The next few days will be crucial.
(Bloomberg) -- Currency markets have been braced for a possible intervention by the Japanese government to prop up a weak yen. The depreciation over the course of 2025 has made imports more expensive ...