The Japanese Yen strengthened following softer-than-expected US non-farm payrolls and suspected intervention by Japanese authorities. The market remains wary of further unannounced intervention tactics by the Ministry of Finance.
Key Takeaways
- 1.Softer-than-expected US non-farm payrolls data and suspected Japanese FX intervention have supported the Yen.
- 2.Japanese authorities may shift to non-telegraphed FX intervention tactics to effectively deter speculative bets.
Table of Contents
- Market Highlights
- Ahead Today
- INDICATIVE RATES 2-Jul-2026
- FOREIGN EXCHANGE
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Michael Wan
Securities
USDJPY
Themes
FX InterventionLabor Market Data
Regions
Asia PacificUnited StatesJapanSouth Korea