USD/JPY Pops and Fades with Emergency BoJ Meeting

The USD/JPY experienced a solid rally during the Asia trading sessions after the BoJ called an emergency meeting to confront a strengthening Yen and deflationary pressures. The prospect of governmental intervention in the currency markets resulted in a selloff in the Yen with investors expecting either a large purchase Yen…

Read more here: 
USD/JPY Pops and Fades with Emergency BoJ Meeting

Tags: , ,

Leave a Reply

Spam Protection by WP-SpamFree