EconomyYen nears 160 per US dollar: Is Japan about to intervene again?

The yen is approaching the psychologically important level of 160 to the US dollar, putting Japanese policymakers under renewed pressure. A move beyond 160 could increase expectations that Japanese authorities will intervene again to support the currency. That possibility comes despite a rare coordinated intervention by the United States and Japan last month. Jesper Koll, an expert director at Monex Group, discusses what could alter the outlook.