Dislikedbeware....
there is some info on stock exchange floors boj is likely to intervene yen soon if keep strengtening at this brutal pace...
(even some ministers have showed they are against this, and japaneses in my opinion dont play, they act.)
probably 1 of the reason uj being stopped out in the range 106-106.50,
many traders are cautious. even when equities are falling hard.
there is some analisys also japan according to many analyst has peaked growth and probably already entered into recession, which is not yen bullish, and even boj threatening to cut rates.
if it manages to fall in the down 106 area, in my opinion can probably be a good time to buy. at least i will.Ignored
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