News hero gradient

Intervention

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular
Forex trading

USD/JPY plunges 400 pips after suspected intervention

It was supposed to be a quiet day with Japan on a public holiday. Yet the initial rally to 160 may have irked central authorities enough to ditch their supposed day off, intervene and send USD/JPY 400-pips lower.

default avatar
April 29, 2024 03:56 PM
    inflation_05

    US Core PCE Preview: USD/JPY Flirts with 155 Ahead of Key US Inflation Report

    Diverging interest rate expectations between the Federal Reserve and the rest of the developed world have been THE biggest story of the year for FX traders (USD/JPY in particular), and Friday’s Core PCE report will be the next major test to determine if that trend will carry over into Q2

    japan_09

    Japanese Yen Forecast: USD/JPY Rally Nears 155 – Is the BOJ “The Boy Who Cried Wolf?”

    For USD/JPY, the next test to watch will be at 155.00, and if the MOF/BOJ fail to act if USD/JPY breaches that level, traders may start to turn their eyes up to 160.00 next

    default avatar
    April 18, 2024 12:40 AM

      Why trade with City Index?

      Tight spreads from 0.5 pts on FX and 1 pt on indices.


      Award-winning platforms with fast and secure execution.

      Open Account
      N_A_Promo_Block_BG_Comp
      Japanese Flag

      Japanese Yen Intervention Watch: USD/JPY, EUR/JPY, GBP/JPY Technical Analysis

      USD/JPY is consolidating while EUR/JPY and GBP/JPY remain in healthy uptrends.

      japan_03

      Japanese Yen analysis: USD/JPY Rally Extends, EUR/JPY and GBP/JPY Stall

      USD/JPY remains by far the most bullish of the major yen crosses...

      Japanese Flag

      Japanese Yen Analysis: A Primer on Past BOJ Interventions and USD/JPY Levels to Watch

      If we don’t see USD/JPY intervention at the start of the week, the key zone to watch will be 146.00-147.00, but longer-term yen bulls need to see a shift in BOJ policy to reverse the USD/JPY uptrend...

      default avatar
      July 1, 2023 06:51 AM
        Research

        A volatile start to the week for the yen after currency intervention

        A volatile session for the yen on Friday likely points to a currency intervention from the BOJ or MOF, in an attempt to stop or at least pause the currency’s fast depreciation.

        Research

        A volatile start to the week for the yen after currency intervention

        A volatile session for the yen on Friday likely points to a currency intervention from the BOJ or MOF, in an attempt to stop or at least pause the currency’s fast depreciation.

        Japanese Flag

        USD/JPY dives but is government intervention effective?

        Is the BoJ undoing the government’s attempt to shore up the yen?

        Open an account in minutes

        Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.

        Open Account
        N_A_Promo_Block_BG_Comp

        From time to time, StoneX Financial Pty Ltd (“we”, “our”) website may contain links to other sites and/or resources provided by third parties. These links and/or resources are provided for your information only and we have no control over the contents of those materials, and in no way endorse their content. Any analysis, opinion, commentary or research-based material on our website is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. No representation or warranty is made, express or implied, that the materials on our website are complete or accurate. We are not under any obligation to update any such material.

        As such, we (and/or our associated companies) will not be responsible or liable for any loss or damage incurred by you or any third party arising out of, or in connection with, any use of the information on our website (other than with regards to any duty or liability that we are unable to limit or exclude by law or under the applicable regulatory system) and any such liability is hereby expressly disclaimed.