The Japanese Yen gets a gift from American inflation and hands it straight back
USD/JPY has spent Wednesday doing an impression of volatility without any of the substance. The pair climbed to 162.42 through the London morning, was knocked down to 161.90 by the New York afternoon, bounced back to 162.28, and trades at 162.11 at writing, which is precisely where it opened.
USD/JPY has spent Wednesday doing an impression of volatility without any of the substance. The pair climbed to 162.42 through the London morning, was knocked down to 161.90 by the New York afternoon, bounced back to 162.28, and trades at 162.11 at writing, which is precisely where it opened.
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