Goldman Sachs notes that while USD/JPY is climbing back towards 155 and the highest levels since the start of the year, the usual triggers for any intervention from Tokyo are yet to materialise. That being any rapid, disorderly move in the currency and/or any material clear fundamental dislocation.The firm argues that further yen weakness is a staple now amid fiscal risk repricing and a shift in BOJ expectations, not least under Takaichi's premiership. And a lack of new US data will play into that as well, at least for the time being.That being said, Goldman Sachs points out that a quick move in USD/JPY towards 161-162 could change the backdrop and raise intervention risk from Tokyo. And that if needed, the Ministry of Finance has the capacity to match the size of previous interventions as seen back in 2022 and 2024. But for now, they see that the yen is not quite yet as excessively weak levels. This article was written by Justin Low at investinglive.com.