USDJPY - Intervention talk or just momentum?
asked by u/marek_n · 16h · 0 answers
The $USDJPY pair has pushed significantly higher, currently at 161.67. With the BOJ maintaining its dovish stance, it's hard to see a near-term reversal. Are people factoring in potential intervention risk at these levels, or is the market simply pricing in continued rate differentials? What's your top-side target before the risk becomes too high?