#USDJPY: Fundamentals vs Intervention RiskUS Dollar/Japanese YenFX:USDJPYStriforThe U.S. dollar remains supported by resilient economic data, elevated inflation risks, and a wide interest-rate advantage over Japan. Strong labor market figures and solid ISM data continue to reinforce the "higher for longer" narrative for Federal Reserve policy. At the same time, USDJPY is once again approaching the critical 160 area — a level that has previously triggered intervention concerns from Japanese authorities. Will fundamentals be enough to push the pair higher, or will intervention risk once again limit upside potential? Let's take a closer look at the key drivers behind USDJPY.