USD/JPY is knocked down heavily after edging higher to 149.28. At the time of writing, it’s trading slightly below 149. Apparently, the unexpected excessive volatility is due to intervention by Japan. For now, it’s unsure if 149 is the level Japan would defend, or is it going to be 150. In either case, as USD/JPY […]
The post Japan intervenes as USD/JPY breaks149 appeared first on Action Forex.
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