Further intervention by Japan to prop up the yen would offer a good opportunity to sell, according to UBS Asset Management’s Kevin Zhao, who doubts Friday’s central bank rate increase signals a hawkish turn.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-21/ubs-am-s-zhao-is-ready-to-sell-yen-if-japan-intervenes-again)

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