USD/JPY jumped sharply, prompting debate that Japan may again intervene in the FX market. The move lacked an obvious news or macro catalyst and has shown no clear follow‑through. The 160 level is being cited as a new "red line" that U.S. Treasury Sec

2026-09-02

USD/JPY jumped sharply, prompting debate that Japan may again intervene in the FX market. The move lacked an obvious news or macro catalyst and has shown no clear follow‑through. The 160 level is being cited as a new "red line" that U.S. Treasury Secretary Bessent and the Bank of Japan would defend. Some traders view the spike as stop‑loss hunting, though such flows could still be driven by "authorities."

Other News
2026-09-02

RBNZ raised its policy rate by 25bps to 2.75% from 2.50%, in line with market expectations; it is the second consecutive meeting with a rate increase.

2026-09-02

Key News 1. my country has achieved a significant breakthrough in key technologies for high-end remote sensing dynamic imaging. 2. The number of qualified investors on the Beijing Stock Exchange exceeded 11 million, nearly three times the number at