USD/JPY (update): “Final warning” verbal intervention spooked the market. What are the next key supports to watch?
Key takeaways Verbal intervention triggered a sharp reversal: USD/JPY hit 160.73 before a “final warning” from Japan’s FX official sparked a 0.9% drop, with the yen posting its strongest daily gain since mid-March. Key technical levels in focus: Immediate supports lie at 159.05, 158.60 (50-day MA), and 157.50, while resistance remains at 160.45, 160.74, and […]

















