
The government has stated it will take appropriate action if necessary to address excessive or disorderly movements in the foreign exchange market. This approach aims to ensure that the market functions in a steady and stable manner.
The Bank of Japan (BOJ) is expected to maintain a suitable monetary policy stance. Stability in the FX market is viewed as crucial, and the authorities’ comments serve as a reminder of their readiness to intervene if needed.
In recent trading, the Japanese yen has shown resilience. It is on track to record back-to-back weekly gains against the US dollar for the first time since August. The USD/JPY pair has broken firmly below the 155.00 level, currently down 0.4% at 154.40 as the dollar weakens.
This development may offer some reassurance to traders who have been monitoring yen volatility closely, signalling a potential period of relative calm in the USD/JPY market ahead.
Original Source: Justin Low of investinglive.com







