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The Bank of Japan has a reputation for intervening in the currency market when movements in the yen appear likely to threaten Japanese exports or economic growth. Since this pair consists of more than half of all the trading volume worldwide in the Forex Market, it is almost impossible for a gap to appear.
Think forexo cpr this as an insurance policy; just as you insure your house or car, options can be used to insure your investments against a downturn. A put option on a stock or index is the classic hedging instrument.