CoinWorld news: In a report, ING analyst Chris Turner stated that although the closely watched intervention did not materialize last Friday, Japanese authorities may still move to support the yen later this month. He pointed out that amid quiet trading due to the U.S. holiday on Friday, Japanese authorities refrained from action, allowing the dollar to return above 162 yen. "This may serve as a reminder to the market that Tokyo wants to use its limited foreign exchange reserves cautiously." The next potential intervention window could be July 16-17, just before Japan's next public holiday on July 20.