USD/JPY soared to 163.81 on Friday, marking a new 40-year high. Repeated warnings of possible currency intervention have so far failed to halt the yen’s decline amid a broad strengthening of the US dollar. The market paid little attention to the Japanese Finance Minister’s statement that authorities are ready to take decisive action. Reports that […]The post USD/JPY Breaks Records: Nothing Slows the Yen’s Decline appeared first on ActionForex.