JPY weakness persisting despite intervention chatter

It's interesting to see $JPY continue its slide, currently at 37.04, even with the persistent noise around potential intervention. The market seems to be pricing in further dovishness from the BOJ, or at least a significant lag in any hawkish pivot, while other central banks remain relatively hawkish. This divergence is making for a fairly one-sided trade on the carry side.

My watchlist for CFDs is reflecting this. I'm keeping an eye on crosses like AUD/JPY and NZD/JPY for potential extended moves, although entry points are becoming stretched. The risk-reward here needs careful calibration, given the increased rhetoric from Japanese officials. A sudden shift, however unlikely, could lead to a sharp snap-back.