Download!Download Point responsive WP Theme for FREE!

Fat finger in Yen market?

By FXStreet FXStreet (Bali) – USD/JPY has spiked over 60 pips in the blink of an eye, with still no clear catalyst as to what caused the rise in the rate from sub 120.00 level to 120.35/40.

We have seen former Japan MoF official Sakakibara saying USD/JPY rate is unlikely to be toward 125 rather move toward 115-120 range, adding that Kuroda will continue on policy course, and that reaching 2% inflation goal may take time.
For more information, read our latest forex news. …read more

Source:: FX Street

      

Add a Comment

Your email address will not be published. Required fields are marked *

Searching...