USD/JPY drops quickly to fresh one-week low and then rebounds

USD/JPY slid to a low of 113.66 and then rebounds back to 114.15 now
The bounce isn't suggestive of much as the pair is still down by 1% on the day but amid lighter trading conditions across the market, perhaps we are seeing some of the overextension curbed in trading at the moment.

Leave a Comment

Leave a Reply

Your email address will not be published.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