business π USD/JPY trade setup changes after NFP
USD/JPY has recovered about a third of its losses from last week's intervention, but Friday's NFP report creates an asymmetric trade setup. If payrolls are strong, traders might face profit-taking near 160 due to intervention risk. Conversely, a weak report offers a clear path back towards 155 without similar restraints. This shift shows authorities are prepared to act against excessive Yen weakness. Investors must now weigh potential upside against the risk of government intervention. π§