USD/JPY to hit the 130 mark in the coming days – ING

USD/JPY is now at 128.00. Economists at ING expect the pair to test 130.00 in the coming days.

More downside risk for the yen

“USD/JPY may soon touch 130, but FX intervention is not assured”

“No intervention at the 130.00 mark could mean that the line in the sand is set at 140.00.”