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Dollar dips versus yen; USD/JPY below 157 after suspected Japan intervention; markets await US nonfarm payrolls data.
USD/JPY remains under pressure as traders focus on potential Japanese FX intervention and the release of the US April employment report.
USD/JPY steadied near 156.40 as Iran-US deal hopes eased oil fears, weakening dollar; BoJ hinted hikes.
USD/JPY slips to 156.30 as firmer yen and intervention talk meets dovish Fed, key US jobs data.
GBP/JPY steadied near 212.50 as MOF intervention fears supported yen; UK election uncertainty capped sterling demand.
OCBC says USD/JPY swings hint at yen intervention; lasting change needs BoJ support, lower yields and oil.
Japan’s top FX official Mimura will monitor yen moves, stays silent on intervention; BoJ policy shift.
USD/JPY held near mid-156s as yen intervention fears, BoJ outlook, and US-Iran headlines pressured dollar.
BoJ minutes show split views; many back 0.75% amid oil risks, urging gradual hikes or faster.
Japan’s monetary base fell 11.3% year-on-year in April, missing forecasts for a 10.5% decline.
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