Bank of America: It is still uncertain whether Japanese authorities will intervene in the yen, but market urgency has clearly increased

```htmlGolden Ten Data reported on April 30 that Kamal Sharma, Bank of America's foreign exchange strategist, stated, "We do not know whether (Japanese authorities intervened). The Bank of Japan has not yet confirmed, but the urgency regarding intervention intentions in the market has clearly increased this morning. I suspect that the market was ready to take action after breaking through 160 yesterday, and now we have fallen back to near 156. This action occurred during the Asian session, when liquidity is relatively low, so it may have been amplified."```