USD/JPY: Yen Recovers From Nine-Month Low as Intervention Fears Intensify
USD/JPY dips back below the 155.00 psychological level as the Japanese Yen finds relief from verbal intervention warnings and a mild risk-off tone. However, long-term fiscal concerns in Japan and reduced Fed rate-cut expectations continue to support the broader uptrend. Entry Zone: Buy pullbacks toward 154.40 – 154.60Stop Loss: Below 154.20Targets: 155.50, then 156.30 if […]
