On Thursday, April 25, an amplified threat of an intervention to bolster the Yen could influence buyer demand for the USD/JPY. The USD/JPY broke through the 155 threshold on Wednesday (April 24), with the markets considering 155 as the intervention zone. Nevertheless, the Japanese government has remained on the sidelines despite the USD/JPY return to 155. The government may wait for the Bank of Japan to deliver its monetary policy decision on Friday. Previously, Bank of Japan Governor Kazuo Ueda and board members have warned against bets on further rate hikes. However, the weaker Yen could complicate matters for the ... (full story)