Institution: the impact of intervention measures, the target for the future rise of the USD/JPY exchange rate in the next month is 159 yen.

Analysts at Gaitame.com Institute stated in a phone interview that recent intervention in the foreign exchange market may limit the USD/JPY exchange rate to around 159 yen in the next month. The yen has rebounded to its highest level in nearly two months, indicating that the intervention measures are effective. Despite pressure from actual demand for USD thereafter, the pace of yen depreciation remains slow as people are still concerned about the government's potential further interventions. Even with further intervention, the yen's appreciation may be limited to around 155 yen.