Action Forex · 1 min read

USD/JPY Tumbles Under the Shadow of Intervention, Faces Asymmetric NFP Test

USD/JPY Tumbles Under the Shadow of Intervention, Faces Asymmetric NFP Test

USD/JPY has tumbled from 160.38 through 158, not because of actual intervention but because fear of a repeat is shaping trader psychology near 160 — a fear reinforced by rapidly repricing BoJ tightening expectations, setting up an asymmetric test for Friday’s NFP. The post USD/JPY Tumbles Under the Shadow of Intervention, Faces Asymmetric NFP Test appeared first on ActionForex.

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