Why USD/JPY’s plunge from 163.70 to below 160 has traders asking whether Japan intervened, not just whether the BoJ will hike in October What’s happening: USD/JPY plunged from a session high of 163.70 to below 160.00, accelerating sharply during US trading hours as broad Dollar weakness from soft GDP and PCE data combined with pre-BoJ […]The post Intervention or Positioning? Or Both? USD/JPY’s Slide Through 160 Has Traders Guessing appeared first on ActionForex.