Dutch International: The sharp rise in the yen is more like an exaggerated market reaction to a "final warning"

The Japanese yen continues to strengthen, rising by 2.5% against the US dollar within the day. Analyst Francesco Pesole of Netherlands International Group said, "We cannot completely rule out the possibility of intervention by the Bank of Japan, but this seems more like an overreaction by the market to the final warning issued this morning." Junzaburo Sando said, "Speculative operations in the foreign exchange market are intensifying. We are getting closer to taking decisive measures in the foreign exchange market." He emphasized that this is the final warning before taking action.