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Nov 14 - 06:55 AM

USD/JPY - Hovers Under 152 As Intervention Talk Swirls

By Martin Miller  —  Nov 14 - 05:05 AM
  • Yen's fall toward multi-decade lows keeps markets on intervention watch

  • Fin Min Suzuki: will take necessary forex steps as yen tumbles nL4N3CF09O

  • USD/JPY has seen a 151.58-79 range, Tuesday, EBS prices show

  • Spot hovers under the 2023/2022 151.92/94 highs for now

  • Daily chart points to much bigger gains through 152 nL1N3CF0L0

  • Japanese importers, others still in dip-buy mode, exporters from 152

  • Note euro likely to climb against the yen in November nL1N3C40NG

Source:
Refinitiv IFR Research/Market Commentary

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