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Reuters reports Japan likely has less room to intervene in currency markets than in the past, since the yen's slide is driven more by safe-haven dollar demand than carry trades. Some analysts say the yen could fall as low as 165 per dollar, and the BOJ may consider a rate hike if pressure persists.
Limited intervention capacity means the yen could weaken further, raising Japan's import costs for energy and feed. The dollar's safe-haven bid during the war supports the dollar against major currencies.
reuters.comMakiko YamazakiMar 13, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
