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USD/JPY recovers - BOJ loaning funds, 1 tln yen

USD/JPY recovers  - BOJ loaning funds, 1 tln yen

USD/JPY has rallied on news from the Bank of Japan Financial Markets Department that said all offices offered to loan 1 trillion yen through an auction in an agreement starting on January 24 that'll end on January 24 also.

FX moves have been exacerbated by thin liquidity conditions in the region today with China, Singapore and Hong Kong all closed for a holiday.

This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jan 23 2023, 04:33
Author Name: forexlive
Views: 102291

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