The breakout on USD/JPY occurred at the Hong Kong open which took USD/JPY to its highest level since September 1998. It’s a breakout the MOF (Ministry of Finance) did not want to see, as the pair now trades above the 145.9 level which prompted the MOF to intervene on September the 22nd. On that day […]
The post USD/JPY Breaks Above 146 as Traders Goad the BOJ and MOF appeared first on Action Forex.
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