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Via a Goldman Sachs note on the Japanese yen, GS says the depreciation of the yen will continue as long as       the BOJ sticks with its loose monetary policy and its yiled curve control     & US yields continue to rise   Will intervention save the yen from further falls? Nope:      "We find it hard to see intervention driving a sustained             appreciation without any shift in yield curve control expectations,"               "With risks to yields still skewed to the upside, FX             intervention seems likely to be less effective."   The GS note says there is a high risk of intervention. But says yen strength will come if the BOJ reveiews its YCC settings and the rate differential to the US drops by 40 or bps.  USD/JPY has been soaring, the BOJ gave it renewed impetus higher yesterday: USD/JPY up 2% to 131.00 as yen capitulates furtherUSD/JPY hits 130.00 for the first time in 20 yearsBOJ plays a dangerous game, yen lock and loaded for the next leg lowerBOJ's Kuroda: Desirable for currency to move stably reflecting economic fundamentalsBOJ's Kuroda reaffirms bond market operations is to ensure cap on 10-year yields targetBOJ's Kuroda: Consecutive bond buying operations is to avoid speculative market moves