That is Yen market manipulation.

Suspected Yen Intervention

It took so many years to get something Obama had achieved with a Nuclear deal on Iran, I would really wonder if US now can do this within end of this term. I do not believe they will find any solution within 60 days nor end of this year. One reason ...

US and Iran agree to halt strikes and meet this week – Axios

Again he has no power to control Warsh or the FED. He cannot allow something where he has no power.

Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%

He has no power to do so. Courts already should have made him this matter clear that he cannot walk away with that. Any such tariffs will be all paid back and only cause a big mess for nothing. Everybody in the world should know that.

Trump: Any country that imposes a Digital Services Tax on US companies will immediately be met...

Hormuz is open now. Transits (24h) 62 ships 103.3% of 60/day normal Source: hormuzstraitmonitor.()com

US, Iran Hormuz communication line is to prevent military escalation: Press TV

HSBC NYC FX head just wrote in his free memo that is also looking for US Dollar shorts. So going long EURUSD or short USDCHF I guess is best now.

Suspected Yen Intervention

There is still a Gap from Friday close at USDCHF at 0.8064 which has not been closed so far.

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic...

Sold my USDJPY longs too because of that. Went short USDCHF. The biggest opportunity right now short term I assume.

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic...

EU went down from 1.1460 to 1.1435 => it will be all covered again until London Fixing I guess.

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic...

For EURUSD target short term 1.1500 und for USDCHF shorts 0.80000

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic...

US Dollar is overbought since Warsh Fed day. It went down around 200 pips. So I would sell USD now. Going long EURUSD or Short USDCHF.

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic...

It was just a wash out for longs. So again USD selling now.

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic...

You got a perfect entry go long EURUSD opportunity now.

Speech by Christine Lagarde, President of the ECB, at the Hearing of the Committee on Economic...

That is what they want to do. Deleveraging by making panic of a sudden intervention. That only hurts the very short term highly levered ones. And then again it is an ideal buy opportunity imminent created to go long USDJPY again. It does not make ...

USD/JPY Weekly Outlook: BOJ Intervention Threat Battles Hawkish Fed

So they do not have any levels, so this gets longer. Far away from any intervention for the now. Long USDJPY until is the way to go.

Katayama: Declines to comment on FX levels; signals readiness to respond to currency moves at...

Ships Transiting Now 26 according hormuzstraitmonitor(.)com

Trump: About 700 ships are going through Hormuz

Yesterday on Wednesday I thought why it does not go up beyond 160 to 160.50 level. On Thursday we already hit 161.80. There is no way to stop this now. No action taken, so we will test the next level of 162.50 to 163 soon.

Japan FinMin Katayama: Ready to take strong action on speculative forex moves

If they really want to stop the USDJPY bullishness they, the central bank, have to hike rates by a few basis points. Otherwise no real chance.

Japan FinMin Katayama: Ready to take strong action on speculative forex moves

Markets have a favor to test those limits "spokenly". So it will go to 162 and then look for some time sideways. Maybe 162.50. Then 163. Then maybe a rush to 165 and then again down for fearing any action. No way this USDJPY goes down.

Japan FinMin Katayama: Ready to take strong action on speculative forex moves

She believes that talking can do something. It can only for a few hours or max. a day. Not more. On the other side a few rate hikes incoming on the US Dollar side are not yet fully priced in. USDJPY must go up. Regardless of any talk or any action. ...

Japan FinMin Katayama: Ready to take strong action on speculative forex moves