USD/JPY: In the danger zone for intervention to halt the move higher

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USD/JPY: In the danger zone for intervention to halt the move higher
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The US Dollar took another leg stronger after the release of the minutes from the FOMC meeting in July. Economists at MUFG Bank analyze USD strength a

The short-term bias remains favourable for the Dollar and the minutes and the data support that view.

From an intra-day low on 28th July, USD/JPY is 8 big figures higher so this move is of a scale that could justify action.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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