Yen Forex Pairs have fallen across the board on rumoured intervention.
This is the propping up of the Yen Currency by Japanese authorities to stop the upward flow of its counterparts and draw further weakness of the JPY due to interest rate differentials between major economies.
The question is, will it continue?
This is the propping up of the Yen Currency by Japanese authorities to stop the upward flow of its counterparts and draw further weakness of the JPY due to interest rate differentials between major economies.
The question is, will it continue?
Note
Lack of follow through just causing YEN pairs to rebound. more impetus needed for falls, be very careful RE shorting. Rates will likely carry further (until meetings / intervention).Note
Note
Note
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Posts Not financial advice.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.