For a few days in early May, it looked as though Japan had successfully pushed back against Yen weakness. The Ministry of Finance has now confirmed that impression came at a hefty cost. Official figures released Friday showed authorities spent ¥11.7 trillion supporting the currency after USD/JPY breached 160 during the Golden Week holidays. Yet […]The post Japan Spent ¥11.7 Trillion Defending USD/JPY 160. Traders May Test It Again This Week appeared first on ActionForex.