USD/JPY hits intervention zone at 157-158 – ING

USD/JPY has surged into the 157-158 range, a zone traditionally sensitive for Japanese authorities, ING's FX analyst Francesco Pesole notes.

JPY risks spike as USD/JPY enters intervention territory

"USD/JPY has continued to rally and at 157-158 is now clearly in intervention territory. However, our view remains that Japanese officials prefer to intervene after a USD-negative event, like they did in July 2024. If today’s payrolls prove to be bad, we could see an intervention in USD/JPY."

Nov 20, 2025

USD/JPY: Major resistance at 158.00 is likely out of reach for now – UOB Group

There is scope for the rally in US Dollar (USD) to test 157.55, the major resistance at 158.00 is likely out of reach for now. In the longer run, USD is expected to continue moving higher; the next level to watch is 158.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/CNH: Upward momentum might lead to USD testing 7.1220 – UOB Group

Slight increase in upward momentum could lead to US Dollar (USD) testing 7.1220. In the longer run, for the time being, USD is likely to trade between 7.1020 and 7.1285, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.