Friday , 21 February 2025
Home Forex USD/JPY volatility continues, sent back down to 155 levels
Forex

USD/JPY volatility continues, sent back down to 155 levels

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Pound Sterling rises on upbeat UK Retail Sales data

The Pound Sterling (GBP) rises against its major peers, except the US Dollar...

GBP/USD: Boost in momentum indicates further GBP strength to 1.2730 – UOB Group

Impulsive momentum could push Pound Sterling (GBP) higher vs US Dollar (USD);...

EUR/USD: German elections Sunday – OCBC

As of 17 Feb, Politico’s poll of polls shows CDU/CSU leading at...

EUR/JPY surrenders half of intraday gains after steady Eurozone flash PMI

The EUR/JPY pair gives up half of its intraday gains and falls...