USD/JPY creeps closer to a critical level

USD/JPY is in the intervention-danger zone. The pair is up 20 pips to 154.85, which is a fresh 34-year high.The market is eagerly watching to see whether the Japanese Ministry of Finance intervenes to protect 155.00, which is just 15 pips away. This article was written by Adam Button at www.forexlive.com.

USD/JPY creeps closer to a critical level

USD/JPY is in the intervention-danger zone. The pair is up 20 pips to 154.85, which is a fresh 34-year high.

The market is eagerly watching to see whether the Japanese Ministry of Finance intervenes to protect 155.00, which is just 15 pips away. This article was written by Adam Button at www.forexlive.com.