USD/JPY rises as Yen intervention fades, buyers target 160.00
USD/JPY advances some 0.48% on Tuesday as the Greenback remained steady during the session following last Thursday’s intervention in the FX markets by Japanese authorities, which bought the Yen, with the pair tanking nearly 2.50% or almost 400 pips. At the time of writing, the pair trades at 157.91.
USD/JPY advances some 0.48% on Tuesday as the Greenback remained steady during the session following last Thursday’s intervention in the FX markets by Japanese authorities, which bought the Yen, with the pair tanking nearly 2.50% or almost 400 pips. At the time of writing, the pair trades at 157.91.
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