Japanese Yen gains amid intervention threats
USD/JPY extends its losses for the second successive day, trading around 159.90 during the Asian hours on Friday. The currency pair depreciated as the Japanese Yen (JPY) found support from heightened fears of government intervention. Japan’s Finance Minister Satsuki Katayama renewed warnings to the market as the JPY hovered near the critical 160.00 per USD level, emphasizing that authorities…









