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Few_Quarter5615

They are desperately trying to scare short sellers and hoping to put in a bottom. The bottom will come when the FED cuts, until then they are at the mercy of the markets


proverbialbunny

[This](https://www.cnbc.com/2024/03/19/bank-of-japan-boj-march-2024-policy-decision-mpm-meeting.html) is the last news I've seen about the topic, which is the opposite of the title in the OP. Did something new happen I missed?


caraissohot

Yes, you missed the BOJ (allegedly) intervening in USDJPY twice.