Yen Weakens Despite Intervention Fears. Forecast as of 29.06.2026

The Bank of Japan has stepped up its hawkish rhetoric, aiming to bring rates to a neutral level as quickly as possible. However, the government would prefer to see no changes. As a result, the yen is suffering. Let's analyze the situation and develop a trading plan for the USD/JPY pair.Major Takeaways Fears of intervention are boosting the yen. The Bank of Japan risks falling behind the curve. The government has announced fiscal stimulus measures. Short positions can be considered if the USD/JPY