USDJPY Above 150, But Don’t Expect Repeat of Last Year’s Interventions

A strengthening US dollar pushed the USDJPY to 150.77 early Thursday. Except for just over 20 hours on 21 October 2022, the pair hasn’t traded higher since 1990. Almost a year ago, a breach of the round 150 level triggered a decisive intervention by the Japanese Ministry of Finance, breaking the pair’s bullish trend and […]

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