Wednesday , 6 November 2024
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USD/JPY losing more ground now after the Bank of Japan ‘on hold’ decision

The news from the Bank of Japan:

With little initial response

This seems to be feeding into a stronger yen, though of course correlation is not causation:

North Korea is correct on the ‘set new records’. Its ICBM flew at an altitude over 7,000km, covered a range of 1,000km and had the longest flight time.

USD/JPY update:

This article was written by Eamonn Sheridan at www.forexlive.com.

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