Fundamental backdrop In late April 2026, Japan’s Ministry of Finance moved from verbal warnings to direct action, carrying out a currency intervention worth roughly ¥5.5 trillion ($35 billion) — the first since July 2024. The move was triggered by the yen weakening beyond the psychologically significant level of 160 against the dollar. Additional context comes […]The post EUR/JPY: Yen Recovers April Losses as the Market Searches for a New Equilibrium appeared first on ActionForex.