It is to be expected that the market will push the yen down un | FxPro

It is to be expected that the market will push the yen down until the Japanese authorities resort to real action rather than words. And the scale of the latter has to be sufficient. It might be an active intervention on the forex market, abandonment of Quantitative and Qualitative Easing, a combination of both, or a public refusal to defend the exchange rate.

Either way, the coming weeks and possibly months will bring increased volatility in the yen, which market participants should be prepared for