The USDJPY bounces strongly in early Monday and regains levels near 150 barrier, signaling that a positive impact from a massive intervention to support yen on Friday, was not lasting long. The pair dipped from new 32-year high (151.94) to 145.51 following Japan’s record nearly $20 billion intervention, but yen was unable to hold gains […]

The post USD/JPY: Regains Traction after Friday’s Intervention; Eyes Key Barriers at 150.00/42 appeared first on Action Forex.