According to CFTC data, as of the week ending June 30th, hedge funds pushed their net short positions in the Japanese yen to nearly 138000 contracts in the futures and options markets, the highest level since 2007. The Japanese yen has fallen to its lowest point since 1986, breaking below the level of 162 yen per US dollar. The Japanese Finance Minister reiterated that the authorities can take foreign exchange intervention measures at any time.