Reported about 22 hours ago
Traders are increasingly wary of Japan potentially intervening to support the yen as the upcoming US jobs report may significantly impact currency movements. With the yen nearing a critical level of 160 per dollar, concerns are rising among Japanese policymakers regarding its negative effects on the economy. Historical interventions indicate that Japan takes action during extreme volatility, and current market conditions could prompt similar responses if jobs data proves strong.
Source: YAHOO