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Yen’s Best Day in Two Weeks: Is Intervention Risk Now the Real Ceiling?

By Telemac

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The yen posted its steepest gain in two weeks following Katayama’s warning. Traders are weighing US-Japan coordination regarding the 160 level. The risk of intervention by Japanese authorities now represents a potential ceiling for the currency. This gain marks a significant rebound for the yen after a prolonged period of weakness.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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