Yen surged roughly 1% against every major currency on Monday, with USD/JPY breaking through 155, a level that had repeatedly marked the floor after Japan's earlier intervention episodes this year, extending Yen's cumulative gain against Dollar to around 3.3% over the first five trading sessions of September.The post Yen’s Broad Surge: Why the BoJ Rate Path, Not Intervention, Is the Real Story appeared first on ActionForex.