USD/JPY at Highest Since July 2024: Market Awaits BoJ Intervention
By Analytical Department RoboForex USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange market. Bank of Japan Governor Kazuo Ueda warned that a weak yen could exacerbate imported inflation…