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GBP/jpy

  • #1
  • First Post: Feb 20, 2007 10:52pm Feb 20, 2007 10:52pm
can someone please enlighten as to why the GBP tanked 133pips in a few minutes at 20:40 EST???
  • #2
  • Feb 20, 2007 11:01pm Feb 20, 2007 11:01pm
Today is the Bank of Japan interest rate announcement. Around the time you mentioned the BOJ Governor, Toshihiko Fukui, proposed to raise rates to .50%. There are a few discussions going on around the forum about it.
  • #3
  • Last Post: Feb 21, 2007 12:34am Feb 21, 2007 12:34am
Quoting trustdoc7
can someone please enlighten as to why the GBP tanked 133pips in a few minutes at 20:40 EST???
Check the calendar located on the top bar if you question movements in the forex.
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