Japan deployed $73.6 billion in forex interventions in one month, shifting strategy from defending yen levels to targeting speculators, with implications

Japan's Finance Minister signals readiness to intervene as the yen nears 162 per dollar after a record $73B intervention, raising crypto carry trade

The Japanese yen weakened past ¥162 per dollar for the first time since 1986, reigniting speculation about currency intervention after Japan spent $72.5B