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USD/JPY creeps back up above 130.00 as the volatility trip continues

USD/JPY creeps back up above 130.00 as the volatility trip continues

The dollar may be slightly softer today but the yen is the laggard to start the new week. USD/JPY is up 0.4% to above 130.00 again but just be mindful that despite the volatility trip ever since the BOJ policy decision last week, the pair is still predominantly caught in a downtrend for now:

On the BOJ policy decision day last week, the pair did spike higher to hit 131.57 before falling back to close under 130.00. T... Read More

Posted: Jan 23 2023, 06:53
Author Name: forexlive
Views: 110831

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