Expect stronger verbal intervention should USD/JPY breach 155 level, says Credit Agricole
A bit of backdrop from yesterday: USD/JPY settles just under 155 level for now, traders weigh up intervention risks Credit Agricole is arguing that recent developments have pushed USD/JPY towards the pivotal 155 mark and that has prompted verbal warnings from Japan’s finance ministry. However, the current situation still ranks only a 4 out of 7 on the firm’s…










