USD/JPY got smashed after the US close from around 157.50 to lows around 153.00.
- USD/JPY slammed lower
- USDJPY falls below 100 hour MA and runs lower.
- USD/JPY is cratering, drops under 155.00 in super-thin intervention trade
- Those wide spreads you are seeing in yen crosses are a feature, not a bug
Bart Simpson Masata Kanda says he won’t say if it was him:
USD/JPY is up 300 points from it lows now, circa 156.00:
Or, down 150 from its highs:
You decide.
This article was written by Eamonn Sheridan at www.forexlive.com.
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