‘Keep your smartphone close’: Japan puts yen market on alert for Golden Week action
Sensitivity to the weak currency has risen since the eruption of war in the Middle East
Sensitivity to the weak currency has risen since the eruption of war in the Middle East

Traders see higher potential for government intervention to support currency

Japanese currency’s weakness departs from traditional role during moments of geopolitical turmoil

Japan’s finance minister had issued ‘final’ warning to speculators

Traders have also speculated that government may intervene in crude oil markets

Keep an eye on the yen and other areas of consensus as temperatures rise

Jump in oil prices will increase inflationary pressures but weigh on economic activity