Japanese Currency Intervention Expected if USD/JPY Rises Clearly Above 152

Standard Chartered Bank expects Japan’s Ministry of Finance and the Bank of Japan to intervene if USD/JPY makes a clear break above 152, although not immediately on a break above that level.

Standard Chartered Bank expects Japan’s Ministry of Finance and the Bank of Japan to intervene if USD/JPY makes a clear break above 152, although not immediately on a break above that level.