USD/JPY has recovered a third of last week’s intervention-driven losses, but Friday’s payrolls report sets up an asymmetric trade — a strong print faces profit-taking near 160 on intervention risk, while a weak print has a clear, undeterred path back to 155.
The post USD/JPY Faces NFP With Intervention Risk Creating an Asymmetric Trade appeared first on ActionForex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Summer is officially here. And if Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Whether completing online assignments for school, Read more…
Key insights from the week that was. In Australia, the week kicked off with a gloomy update on the housing market. Cotality’s nationwide home value index dropped another 0.7% in July, following declines of 0.5% Read more…