I think there is a battle here between the Fed and the Bank of Japan.
The Fed is trying to get the USD/JPY lower and the BOJ is trying to do the opposite. I bet that's what's going on....I mean, wow, this is a real fight. This is better than a martial arts tournament, lol.
edit: or something like that. either way two central banks are fighting IMO.
The Fed is trying to get the USD/JPY lower and the BOJ is trying to do the opposite. I bet that's what's going on....I mean, wow, this is a real fight. This is better than a martial arts tournament, lol.
edit: or something like that. either way two central banks are fighting IMO.