
USD/JPY Market Ignores Decisive Action Warnings
Nonbank liquidity drives USD/JPY past Japan's $73 billion defense line. See why the market views 161.99 as a green light, not a ceiling.

Nonbank liquidity drives USD/JPY past Japan's $73 billion defense line. See why the market views 161.99 as a green light, not a ceiling.

USD/JPY targets 161.95 as the Strait of Hormuz stays closed. With Japan's growth slashed to 0.5%, intervention lacks real liquidity to stop the trend.