Japanese Yen: Intervention risk offsets trade pressure – MUFG MUFG’s Lee Hardman notes the Japanese Yen (JPY) is trading in a narrow USD/JPY range above 158.00, with intervention risk and a softer US Dollar (USD) capping upside. Bank of Japan (BoJ) officials see underlying
Japanese Yen: Intervention risk offsets trade pressure – MUFG MUFG’s Lee Hardman notes the Japanese Yen (JPY) is trading in a narrow USD/JPY range above 158.00, with intervention risk and a softer US Dollar (USD) capping upside.
Bank of Japan (BoJ) officials see underlying inflation near target, with markets pricing a December
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