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USD/JPY halves losses from the opening gap lower today

The low of 145.90 came early in European morning trade and we are now roughly 80 pips above that. Despite the light recovery in the last two hours, the pair is still roughly down by 100 pips on the day but the price action is nevertheless encouraging for dip buyers. There's certainly a case for that if you look beyond the headlines involving BOJ Ueda's remarks.For now at least, I want to say that there might be another wave of selling that could hit later in early US trading. That could be trade... Read More

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Usd

Jpy

Halves

Losses

From

Opening

Lower

Today

Usd jpy

Forex

Posted: Sep 11 2023, 10:24

Author Name: forexlive

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