The yen remains under pressure even after Japan carries out record currency intervention to support it. Reporting from Japan Times and Bloomberg indicates that, in May, the yen performs worse than all other Group of 10 peers, highlighting continued downside momentum despite heavy action by authorities. Both outlets also link investor expectations to the upcoming Bank of Japan (BOJ) policy outlook, saying traders are effectively positioned for potential rate increases, while a delay in any hike increases uncertainty. Bloomberg notes that the risk of additional intervention rises over the next two weeks, as officials look to limit further weakening. Japan Times adds that the yen could weaken to around 160 per U.S. dollar before June 16, reflecting market concern about whether support measures can counteract broader currency dynamics. Overall, the two reports converge on the same core theme: Japan has spent at unusually high levels to defend the yen, but the currency continues to trade weakly as market focus turns to the timing and likelihood of BOJ tightening.