According to Commerzbank, the chances of the Yen increasing in value again are low at the current USDJPY exchange rate of 145.368.

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USDJPY Chart by TradingView

The Ministry of Finance (MOF) intervened at levels above 145.90 in USD/JPY last September. Concerns are increasing that the weak Yen might mobilize the MOF. Antje Praefcke, FX Analyst at Commerzbank, analyzes JPY outlook.

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