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Breakout in USD/JPY above 152. The yen hasn't been this weak against the dollar since June 1990. Here's a short-term chart of the move: https://t.co/G5RqzbE0z2
Yen dips to 152 against dollar on U.S. inflation, raising intervention risk https://t.co/exk10iswtk
Yen dips to 152 level on U.S. inflation, raising intervention risk https://t.co/tkIZp6SBgx
Currency traders are anticipating a decline in the yen beyond the significant 152 per dollar level, with increased speculation on a further drop towards 155. The yen has breached the 152 level, prompting concerns about potential intervention by Japanese authorities amid weakening due to U.S. inflation.
