Yen Support Measures Face Market Skepticism. Forecast as of 21.07.2026

Regardless of the measures the Japanese government has taken to support the yen, there is a risk of significant disappointment. Currency interventions have historically had limited impact, and capital repatriation takes time. Let's examine the situation and develop a trading plan for the USD/JPY pair.Major Takeaways Capital repatriation is a lengthy process. The Bank of Japan is moving too slowly. Currency interventions are largely ineffective. A rise followed by a pullback below 162.85 in the U