The Japanese yen fell by 160, highlighting vulnerability, and the market was wary of Japanese re-entry

The fact that the yen fell to the United States dollar at 160 points underscores the vulnerability of the yen to further weakness and increases the risk that the Japanese authorities will re-enter the market and slow down the decline. Although the specific trigger level remains uncertain, the strategists warn on Monday that there are many triggers for possible re-intervention by the Japanese authorities to prevent a significant weakening of the yen, which may be near 161 recently and then between 162 and 163. According to Rinto Maruyama, the senior interest rate on day-climate securities and foreign exchange strategist, 161 is the first point of concern, followed by 162.9 to 163.3 regions, where the authorities last intervened。