USD/JPY on approach towards 149 - when do the BoJ and Japanese government start to sweat?
USD/JPY is sitting just shy of 147.90 as I post.
Recent highs are around here from late June, and mid-May before that.
I am wondering when the Bank of Japan and Japanese government will begin to worry about the yen weakness enough to try verbal intervention? 150 is a big round number, probably just before then I's suggest. What say ForexLive traders out there? In the comments please!
