Woofun AI reports that market sentiment on the yen is sharply divided as the USD/JPY pair hovers near 162. Tatsuo Yamasaki, former Vice Minister of Finance for International Affairs, asserts that the currency has deviated from fundamentals and identifies 130 yen per dollar as a reasonable equilibrium, stating he would not be surprised by such a move.

Conversely, Jesper Koll of Monex Group and Calvin Yeoh of Blue Edge Advisors argue that delayed monetary policy normalization by the Bank of Japan could push the pair toward 200 or higher. Yamasaki cautioned that recent inaction does not signal unwillingness to intervene, noting prior warnings from the Treasury. This dynamic poses forced liquidation risks for yen shorts, with observers anticipating potential government intervention in mid-July.