Tag
intervention
2 articles
Yen Intervention Fades to 158.50 as Yield Spread Pressure Resumes
One week after joint U.S.-Japan action, the yen has surrendered half its rally as carry-trade incentives and widening Treasury-JGB spreads reassert fundamental selling pressure
Yen at 159.40 Per Dollar — Intervention Risk Mounts as 160 Holds
The yen sits within striking distance of 160 per dollar, a level traders treat as a likely trigger for Japanese currency intervention.