OCBC Bank Strategist Moh Siong Sim: Given that joint action with the US is still ongoing, if a stop-loss order is triggered, USD/JPY may fall below 155. But whether the intervention can successfully reverse the weakening yen depends on whether the intervention complements or replaces the Bank of Japan's more hawkish stance.

OCBC Bank Strategist Moh Siong Sim: Given that joint action with the US is still ongoing, if a stop-loss order is triggered, USD/JPY may fall below 155. But whether the intervention can successfully reverse the weakening yen depends on whether the intervention complements or replaces the Bank of Japan's more hawkish stance.