The Japanese yen (/6JU4) is trading near its lowest level since 1990. In fact, it’s as low as it was when Japanese authorities intervened in the market, bringing back the risk of another currency intervention. Traders seem unfazed over the last couple of weeks despite those intervention risks. Now, however, policymakers are stepping up their warnings. Vice Finance Minister Masato Kanda told reporters overnight that "we won't comment on day-to-day currency moves as such comments could give the market unforeseen effects, but we are always ready to take appropriate action when there are excessive moves." The warning ... (full story)