美元/日元展望:干预规则刚刚改变。周五的举措标志着干预风险必须以美元/日元定价的决定性转变。当局在平静的情况下很早就采取了行动,并可能进行了协调,这表明对日元进一步疲软的容忍度已大幅下降。
USD/JPY Outlook: The rules of intervention just changed.Friday's move marked a decisive shift in how intervention risk must be priced in USD/JPY. Authorities acted early, under calm conditions, and likely in coordination, signalling that tolerance for further yen weakness has materially declined.