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USD/JPY gets active in early Tokyo ... drops hard
Stops under 102, and the cascade hasn't halted there - its been under 101.30 for the low (as of now) Here's the 1 minute candle chart - give u an idea of the pace of the move: Bloomberg reporting on comments from Seiji Maehara (a candidate to become leader of opposition Democratic Party), he was speaking in a Bloomberg interview: Says the BOJ and govt are "aiming too high" with their 2% inflation target The side-effects of central bank's record easing are "increasing" BOJ "overdoing it" with its unprecedented monetary policy -- I'm gonna say attributing the drop in USD/JPY to these comments seems like a long bow ... (full story)
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- Sep 6, 2016 8:06pm Sep 6, 2016 8:06pm
- pohchuan
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Thanks I do this often.
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