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The EUR is the strongest and the JPY is the weakest as the NA session begins

The EUR is the strongest and the JPY is the weakest as the North American session begins. The USDJPY is the strongest after the BOJ did not extend the cap to 1.5% on the 10-year JGB yield. They formalized the 1% cap. The move sent the USDJPY back above the 150.00 level on that decision and that run has continued with the pair reaching toward the high from last week at 150.772 (see chart below). The low price yesterday reached down to 148.797 - just short of the 148.738 low from October 17 (see... Read More

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Posted: Oct 31 2023, 12:12

Author Name: forexlive

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