USD/JPY drops below 156.00 amid suspected BoJ intervention – FXStreet
USD/JPY lost momentum around the 155.75i range in early Asian trading on Thursday, down 0.30% from the previous day. Japan’s exports increased for the seventh consecutive month in June. The growing likelihood of a US interest rate cut and a dovish message from the Fed is likely to cap the upside for this currency pair. […]
USD/JPY update, having a Freaky Friday – ForexLive
First, let’s look at how we got here. Thursday US time: Asia, Friday morning: As soon as I published my last post I was branded a liar and it plummeted again to below 158.20. The Bank of Japan has been active, with the Nikkei newspaper reporting a series of “interest rate checks” (explained below where […]