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Apr 19 - 08:55 AM

USD/JPY - Will Japan Intervene To Strengthen Yen If USD/JPY Hits 155?

By Rob Howard  —  Apr 19 - 06:35 AM
  • Will Japan will step in at some level to stop yen weakening further?

  • Twenty-one out of 23 economists polled by Reuters said that they will

  • Sixteen said they expected FX intervention if USD/JPY rises to 155

  • Two chose 156, one said 157, and two chose 158 nL2N3GS0UQ

  • Rare FX warning is helping to keep USD/JPY sub-155 nL2N3GR0LZ

  • USD/JPY was last at 155 in 1990 (160 was approximate high that year)

Source:
Refinitiv IFR Research/Market Commentary

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