The forex markets displayed a calm demeanor during Asian session today, with traders eagerly anticipating FOMC rate decision. After experiencing a tumultuous selloff, Yen found some semblance of stability, courtesy of verbal intervention by Japan. Nonetheless, it remains the week’s laggard, pausing momentarily with the possibility of further decline on the horizon. This weakening Yen […]
The post FOMC Anticipation Keeps Dollar in Check; Yen Halts Slide on Verbal Intervention appeared first on Action Forex.