"Yen Intervention Bets Drive USD to Three-Month High at ¥150"
Japan's top currency official has mentioned the possibility of FX intervention in response to the yen's weakness, with the Finance Minister emphasizing the need for stable currency movements. USD/JPY remains tentative above the crucial 150 mark despite the intervention warnings, while GBP/JPY's breakout is struggling for momentum and EUR/JPY tests a zone of resistance. The potential for FX intervention poses a significant threat to these currency pairs, with technical analysis indicating potential movements based on market reactions.