JPY: USD/JPY Challenged Around 157-159 Amid Market Wary of Intervention
The USD/JPY has stalled toward 158.00 with reports of potential BOJ intervention, following a range of 156.83-157.78 and a broader market sentiment influenced by a dovish BOJ stance and hawkish Fed signals. Support has been found around 149-152, with technical testing of 157.00-159.00. The market is reacting to differi