{
  "id": 19591026,
  "title": "Japanese Yen recovers from two-month low as BoJ rate hike bets meet intervention risk",
  "url": "https://urgent.news/2026/11/12/japanese-yen-recovers-from-two-month-low-as-boj-rate-hike-bets-meet",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T02:07:59.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japanese-yen-recovers-from-two-month-low-as-boj-rate-hike-bets-meet-intervention-risk-202611120207"
  },
  "original_language": "en",
  "account": "The USD/JPY currency pair experienced a dip from its two-month high near 160.00, as the Bank of Japan's upcoming rate hike and intervention risks weighed on the Japanese Yen. Despite a slight improvement in the preliminary Corporate Goods Price Index (CGPI), showing a 0.7% increase in October, the risk of a further decline remained. The BoJ's warning against excessive foreign exchange volatility added to the caution. The US Dollar's consolidation after a two-day rally also contributed to the downward pressure on the USD/JPY pair. The technical analysis indicated a bullish bias above the 100-day Simple Moving Average at 158.99, with support levels at the 100-day SMA and 50.0% retracement.",
  "summary": "The USD/JPY pair attracts some sellers during the Asian session on Thursday, snapping a two-day winning streak to its highest level since early September, around the 160.00 psychological mark touched the previous day.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}