Traders are on guard for any sharp move in the yen as it hovers about 1% below the 150 level to dollar that some analysts consider to be a trigger for intervention by Japan. The market is are on tenterhooks ahead of the Bank of Japan’s policy decision on Friday as they await more detail from Governor Kazuo Ueda on the outlook for negative interest rates and his view on the yen’s weakness. The currency appears to be caught in limbo early Thursday, with the risk of intervention offering support while the widening yield gap with the US weighs against this. The Federal Reserve signaled one more key interest rate increase ... (full story)