USD/JPY under 155.50 now

There is some speculation of Bank of Japan intervention. I haven’t seen or heard anything of this and it would seem to be not the way the BOJ is operating right now.

• The BoJ recently slammed yen crosses after US data, at a time when USD/JPY was already falling
• the BoJ tends not to intervene in times of deep and thick liquidity, like now with Tokyo markets fully operating

But, I could be wrong!

Anyway, Yen higher:

This article was written by Eamonn Sheridan at www.forexlive.com.