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USD/JPY slides again as US Treasury says it may intervene to Help BOJ

We noted earlier how there was as of yet no sign the US Treasury would intervene in the USD/JPY. However, we were not ruling it out and that is why we mentioned in the first place. Well, just now according to sources the US Fed has just now intimated to major banks that they may now do so. That warning concerns today and the USD/JPY has wasted no time in sliding on this news. The USD/JPY was close to 160.50 when this broke, it has since fallen below below 159.50 as we write/

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