Japan MoF Plays Tricky Games with Yen Intervention
Traders have experienced multiple rounds of Japanese yen intervention and note that the Ministry of Finance often employs unpredictable tactics, striking forcefully then stepping back.
USDJPY
Market participants who have lived through previous rounds of Japanese currency intervention describe a pattern of deliberate unpredictability from the Ministry of Finance (MoF).
The MoF is known to intervene aggressively—likened to being hit with a baseball bat—then stand aside for a few days. After that pause, they may return with renewed force or simply make smaller, test probes.
This approach keeps traders on edge, as the timing and scale of actions remain difficult to anticipate.
Source: FXStreet Forex News