FX.co ★ USD/JPY

USDJPY TF D. The pair is consolidating in a daily triangle above the 162.00 level. Japan’s Finance Minister Katayama is back on air today, warning that she is ready to take measures against the excessive weakening of the Japanese yen. As we can see, the reaction is zero. Otherwise, the dollar-weakening news has been ignored here, as has Katayama’s statement. Since the pair was previously at 162.83 and there was no intervention, we can quite possibly go back there again.