USD/JPY fell to 157.47 on Wednesday, with the Japanese yen pausing its recent strengthening. US Treasury Secretary Scott Bessent reaffirmed Washington’s support for Japan following the historic joint currency intervention. Over three sessions, the yen appreciated by nearly 5% after coordinated purchases by Tokyo and Washington, marking the largest such operation in decades. Both countries […]
The post USD/JPY Holds Steady After Intervention: Outlook Remains Uncertain appeared first on ActionForex.
