[Rabobank: Expectations for Yen Intervention on Friday Are High, but Likely to Have Limited Effect] According to a report by Golden Finance, on July 1, Rabobank analyst Jane Foley stated that speculation is rising in the market that Japanese officials may take advantage of the light trading during the U.S. holiday on Friday to intervene in the yen. In fact, it might be more surprising if Japanese officials take no action. She noted that further intervention seems inevitable, but intervention alone is unlikely to be sufficient to change the market's negative perception of the yen. The yen's weakness is partly due to the strengthening of the U.S. dollar, but the rise in Japanese stock markets may prompt foreign investors to strengthen protective measures against the risk of yen depreciation.