Yen extends gains below 157.80 as BOJ hawks and less hawkish Fed voices collide
USD/JPY's break below 157.70 looks like a genuine repricing story rather than an intervention scare, with BOJ board member Takata 's call for nimble rather than fixed-pace hikes doing most of the work on the yen side. That sits alongside a dollar that has its own reasons to be soft right now.
