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The JPY crosses had a huge week to the upside

The major JPY crosses all had huge weeks to the upside this week. Today, the BOJ kept rates and their yield curve control steady. They expect inflation to move lower. Ueda acknowledge the lower JPY but said there are goods and bads in currency moves. The USDJPY is higher by 1.74%, but it is the other JPY crosses that are really on fire this week. EURJPY: The EURJPY is up 3.51% this week and traded to the highest level since September 2008. This week, the price moved above the swing high from M... Read More

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Crosses

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Upside

Forex

Posted: Jun 16 2023, 16:59

Author Name: forexlive

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