<p>In any case, I don't think there's much debate that this was intervention. Or at the very least, it will be seen as intervention.</p><p>Update: Nikkei is out with an <a href="https://www.nikkei.com/article/DGXZQOUA273UO0X20C22A9000000/" target="_blank" rel="nofollow">article...
USD/JPY continues to fall in what's almost-assuredly intervention from the Japanese ministry of finance.The last time they intervened, they took USD/JPY from a high of 145.90 down to a low of 140.34. That...
I warned earlier that it was a dangerous game being long USD/JPY in the 13th straight day of gains.Here we are. USD/JPY touched 148.98, which is nearly 300 pips off the earlier high....
This market is insane. The latest move in USD/JPY has more hallmarks of intervention than the earlier one.At the same time, I could see longs rushing out after 13 straight days of gains.This...
