USD/JPY eased from new ten-month high on Friday after the latest comments from top Japanese officials boosted expectations for intervention, as yen weakened significantly in past couple of weeks and came closer to the levels where the central bank last intervened. Overbought daily studies also contributed to profit-taking, though pullback is unlikely to be deep […]
The post USD/JPY: Eases on Verbal Intervention appeared first on Action Forex.
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