No comments until now from Japanese officials, but if the pair reaches 155.00 then it will likely trigger an escalation of communication by Ministry of Finance officials in order to depreciate the yen.
This article was written by Gina Constantin at www.forexlive.com.
Related Articles
Trade ideas thread – Monday, 25 November, insightful charts, technical analysis, ideas
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas,...
Monday morning open levels – indicative forex prices – 25 November 2024
As is usual for a Monday morning, market liquidity is very thin...
Newsquawk Week Ahead: US PCE, FOMC Minutes, RBNZ rate decision, EZ HICP, and Aussie CPI
Mon: German Ifo (Nov), US National Activity Index (Oct)Tue: FOMC Minutes (Nov);...
Weekly Market Outlook (25-29 November)
UPCOMING EVENTS:Monday: PBoC MLF, German IFO.Tuesday: US Consumer Confidence, FOMC Minutes.Wednesday: Australia...
Leave a comment