Yen reaches its highest point in over two months, markets watchful for possible intervention
Yen Surges to Two-Month High Amid Speculation LONDON, Jan 26 – The Japanese yen experienced a notable increase, reaching its highest value in over two months, as comments from Tokyo’s prime minister and top currency diplomats raised speculation about possible coordinated intervention from U.S. authorities. In the lead-up to an anticipated announcement regarding a new […]
USD/JPY stays underpinned for now with watchful eyes on 155 mark – ForexLive
Despite yesterday’s drop in US Treasury yields, it did little to spook USD/JPY price movements. The pair remains supported, but buyers have not mustered enough courage to take things further. For now, even after all the verbal intervention from the Japanese authorities, the 155.00 hurdle remains a step too far. But still, the chart shows […]