Subscribe To
USD/JPY back nudging towards 150 - Japanese (verbal) intervention has started already
The USD jumped higher in Thursday trade following the inflation data. ICYMI:US September CPI +3.7% y/y versus +3.6% y/y expectedAnd:The USD is surging after stronger CPI, a crummy auction and a surge in yieldsUS indices snap 4-day win streak as concerns about CPI and US debt increase fearUSD/JPY is back on approach to 150:It seems likely there will verbal intervention comments from Japan during the session here today. And note that such intervention started already overnight. A senior Japanese...
Read More
Posted: Oct 12 2023, 23:46
Author Name: forexlive
Views: 112830