USD/JPY 160 the Line in Sand for (Hhidden) Interventions?

Markets Japanese markets were closed for Showa day today. Still, despite (or maybe due to) holiday thinned market conditions, the yen moved sharply up and...

Crypto Market Retreats Due to Overhang of Sellers

Market picture The crypto market has lost 3.3% in the last 24 hours to $2.3 trillion. The last time this level of capitalisation was on...

Japanese Yen Shows Volatility Amid Speculation of Intervention

The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese...

USD/JPY: Rate Falls Rapidly After Exceeding Psychological Mark of 160 Yen Per Dollar

Despite the fact that today is a holiday in Japan, the foreign exchange market is experiencing extreme volatility — wide candles are forming on...

USD/JPY: Pulls Back from New Multi-Decade Top on Suspected Intervention

USDJPY cracked psychological 160 barrier and hit new multi-decade high early Monday, with subsequent sharp pullback to 155.00 zone on suspected intervention. Fresh weakness cracked...

USD/JPY: Overextended Intraday Rally Makes It Vulnerable to Squeeze Down With Rumoured Talks of FX Intervention

USD/JPY extended its rally to hit 159.60 key long-term resistance (also the April 1990 secular swing high). Today’s Asian session’s swift upmove in...
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