According to Reuters, it was announced on Friday that Shigeru Ishiba, known for his tough stance on interest rates, will become Japan’s next Prime Minister. This news caused a sharp intraday reversal in the USD/JPY exchange rate on Friday: while the price initially rose in the morning (as shown by the arrow), it was followed […]
The post USD/JPY Analysis: The Yen Strengthens by Over 2.8% in One Day appeared first on Action Forex.
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Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street is looking to put the chaos of last week behind it as lawmakers clinched Read more…
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