USD/JPY above 150.90 again after meek comments from Japan

I gave an alert for comments today:

• Eyes and ears open today – “Verbal intervention threat rises as USD/JPY rises above 150”

What we got was meek indeed, barely anything:

• Japan government Aoki says no comment on FX moves

Will there be anything else? USD/JPY is nearly at 151.00 and I’m surprised we’ve heard so little.

Trend is your friend in full effect today

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