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USD/JPY dips on emergency meeting by Japanese authorities

USD/JPY dips on emergency meeting by Japanese authorities
The pair just fell down from 140.85 to 140.35 before keeping around 140.50 levels now after the announcement here.It looks to be some position squaring just in case Japanese officials sound some warning about the currency falling rapidly. Japan's top currency diplomat Kanda is to speak to the press thereafter as well. So, that sort of hints at what the meeting might be about. This article was written by Justin Low at www.forexlive.com... Read More
Posted: May 30 2023, 06:39
Author Name: forexlive
Views: 081419

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