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USD/JPY STALLS AMID MIXED MARKET MOOD, INTERVENTION CONCERNS

guntur360
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  • USD/JPY hovers at 151.28, with traders wary of potential Japanese market intervention to support the Yen.
  • US Q4 GDP growth surpasses expectations at 3.4%, while jobless claims and consumer sentiment indicate a robust economy.
  • Fed Governor Waller's hawkish stance underscores the need for sustained inflation progress, influencing rate cut expectations.

The USD/JPY remains subdued during the North American session, trading at 151.28, almost flat, amid renewed fears of Japan’s intervening in the markets to cap the Japanese Yen (JPY) weakness.


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