High possibility of Japanese government intervening in FX market as the JPY value hits its lowest level since 1990 Despite the intervention of the Central Bank of Japan in the FX market last month to control the value of the Japanese yen, the price has returned to the bullish trend after a short-term correction and […]
The post USD/JPY: High Possibility of Japanese Government Intervening in FX Market appeared first on Action Forex.
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Gold’s steep selloff is showing signs of stabilization near 4,500 level after a disorderly decline yesterday, driven largely by liquidity squeeze. While hawkish signals from major central banks this week, including Fed, ECB, BoE and Read more…
Key Highlights USD/JPY started a downside correction below 158.80. It traded below a bullish trend line with support at 158.85 on the 4-hour chart. EUR/USD started a recovery wave and traded above 1.1550. Gold prices Read more…