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The volatility swings continue in USD/JPY so far on the day

It is one of those days for the Japanese yen and it all started with a leaked report overnight that the BOJ could perform a tweak to its yield curve control settings. That culminated with a slight adjustment announced today, but not before some confusion as the the central bank kept its target band still at +/- 0.50% from zero.USD/JPY saw a major whipsaw earlier with the high touching 141.07 and the low hitting 138.05 after the BOJ policy decision. The rise then fall continues to reflect some in... Read More

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Posted: Jul 28 2023, 08:15

Author Name: forexlive

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