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Japan's Yen Intervention Strategy Faces Big Test From US Data

(Bloomberg) -- Japan’s currency is yet again at the mercy of the US economy, with Tokyo’s efforts to buy time for the beleaguered yen vulnerable to shifts in the outlook for interest rate cuts by the Federal Reserve.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesBiden Tells Netanyahu US Support Hinges on Protecting Ci

UK's Biggest Fund Bets on Markets Getting BOJ Hikes Wrong