Yen's Only Hope May Be Currency Intervention. Forecast as of 28.07.2026

USD/JPY bears have little reason to count on the Fed. Instead of attracting capital, Japan risks facing capital outflows, while the BoJ's reluctance to act continues to weigh heavily on the yen. Is there a way out? Let's examine the latest developments and develop a trading strategy.Major Takeaways The Fed's decisions may not affect USDJPY. The Bank of Japan has to remain cautious. The GPIF has no intention of helping the government. Consider selling the USDJPY pair if it drops below 163.35.Week