Japanese Yen

The Japanese yen is back under pressure as USD/JPY traders weigh intervention risk and the next US inflation report.

Japanese yen volatility keeps forex traders focused on US dollar direction, intervention risk, Treasury yields and Bank of Japan signals.

Japanese yen gains as the Bank of Japan holds rates at 1.0% while warning that inflation risks remain tilted upward.

Forex traders face a tense Fed week as the US dollar holds firm near yen highs and oil-driven inflation risk keeps intervention fears alive.