USD/JPY makes a new session high above 150.40

<p>USD/JPY finally busted above 150 during the US afternoon on Wednesday:</p><ul><li><a href="https://www.forexlive.com/news/usdjpy-rises-above-15000-20231025/" target="_blank" rel="follow" data-article-link="true">USD/JPY rises above 150.00</a></li></ul><p>In the twilight zone between NY close and Tokyo open it added to its gains:</p><ul><li><a href="https://www.forexlive.com/centralbank/alarms-and-phones-going-off-in-boj-bedrooms-with-usdjpy-above-150-20231025/" target="_blank" rel="follow" data-article-link="true">Alarms, and phones, going off in BoJ bedrooms with USD/JPY above 150</a></li></ul><p>It tracked pretty much 150.10 – 150.30 for a few hours, with some very weak jawboning:</p><ul><li><a href="https://www.forexlive.com/centralbank/japan-fin-min-suzuki-says-closely-watching-forex-moves-with-a-high-sense-of-uergncy-20231025/" target="_blank" rel="follow" data-article-link="true">Japan fin min Suzuki says closely watching forex moves with a high sense of urgency</a></li><li><a href="https://www.forexlive.com/centralbank/japan-fin-min-suzuki-says-sticking-to-previous-currency-policy-closely-watching-fx-moves-20231026/" target="_blank" rel="follow" data-article-link="true">Japan Fin Min Suzuki says sticking to previous currency policy, closely watching FX moves</a></li></ul><p>Its now hitting circa 150.40 to be making a new high for the session. </p><p>Be wary of more forceful verbal intervention, but hey, life is a risk, right? </p>

This article was written by Eamonn Sheridan at www.forexlive.com.