USD/JPY rises above 150.00

<p>It's tough to hold back the tide when US 10-year rates are up 10 bps today and threatening 5% again.</p><p>The last time, the MOF busted this pair all the way down to 147.27 on intervention (though they denied it). Let's see how this episode goes.</p>

This article was written by Adam Button at www.forexlive.com.