BoJ May Intervene if Yen Falls to 155 Against Dollar

Following a recent drop in the value of the yen, speculation is mounting over a potential intervention by the Bank of Japan (BoJ). Analysts suggest that the BoJ may step in if the yen's value falls to 155 against the dollar. This comes after the BoJ's decision to hike rates, which has led to a decrease in the yen's value. The situation has been closely monitored by financial experts, including one referred to as 'Mr. Yen', who believe that the BoJ will intervene if the yen reaches 155 against the dollar. There are concerns about the impact of the yen's depreciation on the global financial system, with some experts expressing skepticism about the smoothness of any potential intervention.