FX Expert Funded

USD/JPY tested towards 145.00

We had the minutes of the Bank of Japan July meeting earlier, confirming board members want to continue along the rate hike path, albeit at a measured pace.

JPY found some bids, with useyn dipping to lows around 144.45.

Since then its bounced back, highs have been around 144.94.

The USD surged on Wednesday:

Forexlive Americas FX news wrap: US dollar storms back

It may not be done yet:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a Comment

Your email address will not be published. Required fields are marked *

Call Now