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Here’s something for USDJPY traders this week… The Yen is the worst-performing G10 currency versus the dollar and is trading less than 4% away from its multi-decade high at 161.95!
Check this out. The USDJPY could see big price swings on Friday!
That’s right, remarks by Bank of Japan (BoJ) Governor Kazuo Ueda and Fed Chair Jerome Powell are likely to inject the currency pair for fresh volatility.
Week Ahead: Yen headed for intervention “danger zone”?
USDJPY is edging closer towards the 160 mark. The last time this FX pair was found around this price area, the Japanese government triggered its biggest-ever intervention on the Yen, sending USDJPY in its biggest one-day price move since 2022. Could the same happen next week?
USDJPY is edging closer towards the 160 mark. The last time this FX pair was found around this price area, the Japanese government triggered its bigge...
USDJPY Japanese Yen Bank of Japan USD Federal Reserve Yields