Japanese Yen Trades Near 150 per Dollar, Raising Concerns

The Japanese yen is trading around 150 per dollar, raising concerns about potential intervention from authorities. The yen's weakness is due to Japan losing its position as the world's third-largest economy and entering a technical recession. The Bank of Japan's monetary policy is expected to remain unchanged, while authorities are closely monitoring the market for intervention. Japanese officials have warned about the market impact on the economy.