Rapid FX moves are undesirableImportant for currency to move in a stable manner, reflecting fundamentalsWill take appropriate actions on excessive FX moves
They don’t seem tired of working the same copy pasta over and over again. USD/JPY continues to keep at it on the day, weaving in and around the 161 level over the past few hours.
This article was written by Justin Low at www.forexlive.com.