The Japanese yen staged a partial recovery as the Bank of Japan proceeded with interest rate hikes, though the upside momentum remained tempered by lingering concerns over potential intervention measures. Market participants are closely monitoring BOJ communications for signals on future policy direction and the central bank's stance on exchange rate stability. The interplay between monetary tightening and potential yen support measures continues to shape currency volatility, with implications for broader asset allocation decisions across global markets. Investors are balancing hawkish policy expectations against the risks of official intervention capping further appreciation.