The battle to defend the yen may be launched in advance? Japanese government advisors warn: intervention in the foreign exchange market should not wait until the yen falls to 160.

Financial and Economic Intelligence App learned that a member of an advisory group to the Japanese government said that the timing for Japan to intervene in the foreign exchange market may be closer than many investors believe, as the exchange rate of the Japanese yen against the US dollar continues to slide towards the level of 160 yen to 1 US dollar.