USD/JPY volatility continues, sent back down to 155 levels
globalreutersApril 29, 20241 Mins read You can just how volatile the pair has been in the last three hours. The pair has been swinging in a range of 200 pips all around during that period. And now, we’re seeing another bout of selling pressure from 157.00 all the way down to 155.30.
This comes right after the open here in Europe as traders are feeling the message from Tokyo earlier in the day.
The 155.00 mark will be a crucial one to watch. Break below that and we could see the selling in USD/JPY pick up this week.
This article was written by Justin Low at www.forexlive.com.
Recent Posts
Categories
Related Articles
Eurostoxx futures +0.2% in early European trading
German DAX futures +0.2%UK FTSE futures +0.5%They've turned higher now in the...
Germany September industrial orders +4.2% vs +1.5% m/m expected
Prior -5.8%; revised to -5.4%German manufacturing orders bounced back in September after...
Fox News calls Wisconsin in favour of Trump
As of the current tally, Wisconsin has counted 88% of votes with...
Chinese yuan feels the pinch with Trump set to win US presidency
The onshore yuan is sinking to its lowest since mid-August against the...
Leave a comment