USD/JPY is once again approaching the 160 level, putting markets on alert for potential Japanese intervention. The pair’s steady climb, driven by rising oil prices and widening rate differentials, is turning this level into a key flashpoint for global FX markets. Yen’s weakness is not occurring in isolation. Oil prices have surged, with Brent breaking […]The post USD/JPY Nears 160 Red Line: Will Traders or Japan Blink First? appeared first on ActionForex.