The post USD/JPY hits intervention zone at 157-158 – ING appeared on BitcoinEthereumNews.com. USD/JPY has surged into the 157-158 range, a zone traditionally sensitive for Japanese authorities, ING’s FX analyst Francesco Pesole notes. JPY risks spike as USD/JPY enters intervention territory “USD/JPY has continued to rally and at 157-158 is now clearly in intervention territory. However, our view remains that Japanese officials prefer to intervene after a USD-negative event, like they did in July 2024. If today’s payrolls prove to be bad, we could see an intervention in USD/JPY.” Source: https://www.fxstreet.com/news/usd-jpy-hits-intervention-zone-at-157-158-ing-202511200953The post USD/JPY hits intervention zone at 157-158 – ING appeared on BitcoinEthereumNews.com. USD/JPY has surged into the 157-158 range, a zone traditionally sensitive for Japanese authorities, ING’s FX analyst Francesco Pesole notes. JPY risks spike as USD/JPY enters intervention territory “USD/JPY has continued to rally and at 157-158 is now clearly in intervention territory. However, our view remains that Japanese officials prefer to intervene after a USD-negative event, like they did in July 2024. If today’s payrolls prove to be bad, we could see an intervention in USD/JPY.” Source: https://www.fxstreet.com/news/usd-jpy-hits-intervention-zone-at-157-158-ing-202511200953