The yen continues its surge last night to break below 108.00 versus the USD before retracing early today. Despite USDJPY's climb back above 108.00 however the yen's current level may prompt the Bank of Japan to fire a warning shot or more.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/morning-markets-what-is-the-bojs-next-move-7416331?utm_medium=tf4-feed&utm_source=extract
Morning Markets: What is the BoJ's next move?
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