USD/JPY crashed after the US close, falling from around 157.50 to a low around 153.00.
- USD/JPY falls sharply
- USDJPY falls below the 100 hourly MA and continues to decline.
- USD/JPY Crashes Below 155.00 in Ultra-Thin Intervention Trade
- The wide spreads you see on yen crosses are a feature, not a bug.
Bart Simpson Masata Kanda says he won’t say if it was him:
- Japan’s Kanda says he has nothing to say on Japan’s intervention on the yen
USD/JPY is up 300 points from its current low, near 156.00:
Or, down 150 from its highs:
You decide.
This article was written by Eamonn Sheridan at www.forexlive.com.
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