The Japanese yen has posted sharp gains today. USD/JPY is trading at 143.09, down 1.00% on the day. Is Japan planning a currency intervention? The yen has taken investors on a roller-coaster ride this week. On Tuesday, the dollar shined, posting broad gains against the majors and climbing 1.19% against the yen. The catalyst for […]
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It has been what felt like a few years since the previous FOMC, with what resembles a totally different Market since. Since January 28, Oil is up close to 60%, Silver is down 25%, previously Read more…
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The USD/JPY pair is trading around 158.90, facing a high risk of FX intervention by the Japanese Ministry of Finance as it nears the 160.00 level. The week is dominated by a “central bank double-header,” Read more…