Yen recovered modestly in Asian session as Tokyo officials reissued verbal warnings against excessive moves in the currency market. After the week’s accelerated selling following Sanae Takaichi’s election as LDP leader, the latest remarks from Finance Minister Katsunobu Kato suggest Japan may be nearing an intervention threshold, at least rhetorically. For now, traders appear to […]The post Yen Recovers as Tokyo Steps In, Worst of Selling May Be Past… for Now appeared first on Action Forex.