USD/JPY has broken to a fresh 40-year high, and with it, the market may have abandoned the wrong debate. Traders have speculated whether Japan would intervene at 160, then 162, then perhaps 163 or 164. But after another day of relentless Dollar buying and another round of ignored warnings from Tokyo, the more relevant question […]The post Forget the Level. Watch the Timing: Intervention Risks Rise as USD/JPY Hits 40-Year High appeared first on ActionForex.