USD/JPY continued its advance on Monday, reaching 159.46. The Japanese yen therefore remains under pressure near the key 160.00 level against the US dollar. This was the threshold that previously triggered currency market interventions by the Japanese authorities. Data released on Friday confirmed that Japan spent JPY 11.7 trillion supporting its national currency at the […]The post USD/JPY Approaches 160.00: Is Another Intervention Coming? appeared first on ActionForex.