USD/JPY trading to 157.30. Its 9am in Tokyo, watch out for jawboning

Japanese authorities will not be happy with the further weqakeness in the JPY overnight.

I’m blaming Kashkari:

But, he is just adding fuel to the fire.

Be careful of verbal intervention from Japan today, its only a matter of when.

We do have a BOJ speaker also:


This article was written by Eamonn Sheridan at Source