The USD/JPY pair finds some support near the 144.45 area and stalls its intraday retracement slide from its highest level since November 2022 touched
The BoJ-Fed policy divergence is seen as a key factor that continues to act as a tailwind.USD/JPY
An intraday uptick beyond the 145.00 psychological mark fueled speculations about a potential intervention by Japanese authorities and turns out to be a key factor that forced investors to lighten their bullish bets around the USD/JPY pair. Moreover, Japan's Finance Minister Shunichi Suzuki said that the government will take appropriate steps should the Japanese Yen weaken excessively.
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