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The Japanese yen still has that post-BOJ hangover

The pair is up another 0.4% today to 141.70 levels as buyers are returning to retest the 21 July high at 141.95 currently. A break above that and the 142.00 mark will set the pair up for a run back towards 145.00 potentially next.After plenty of volatility swings on Friday, the Japanese yen settled lower. And somehow I feel inclined to put some blame for that on the BOJ's poor communication in executing its latest policy adjustment. As mentioned last week:"For now, the volatility swings are maki... Read More

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Japanese

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Post

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Hangover

Post boj

Forex

Posted: Jul 31 2023, 04:21

Author Name: forexlive

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