![The USD/JPY Reached Its Highest Level in 38 Years](https://cdn.statically.io/img/images.ctfassets.net/rbl6nw8n2c6i/5s5St8gF5A3PaTHVHtkmQU/ed5b7bc7bd04584c2625d5482b5840dc/USDJPY.png)
The USD/JPY Reached Its Highest Level in 38 Years
The Japanese Yen (JPY) continued to fall on Tuesday, 2nd July, reaching a new 38-year low against the US Dollar (USD) at around 161.66. With the Yen at a multi-decade low, speculation is mounting about a potential intervention by Japanese officials to stabilise the currency. What should traders expect?