Yen may face another intervention. Foarecast as of 24.06.2024

The Japanese authorities, despite their efforts, are still grappling with the USDJPY pair's persistent bullish trend. Meanwhile, even insurance companies do not believe in a trend reversal today. Let's discuss this topic and make a trading plan.Weekly fundamental forecast for Japanese yenUSDJPY quotes are returning to the psychologically important 160 mark, the government is spoon feeding the markets with verbal interventions, while the extremely slow monetary policy normalization by the Bank of