Business

USD/JPY Falls Rapidly After Jumping on CPI Report

USD/JPY quickly fell back to 152.00 from 152.50.

Obviously, the concern lies with the intervention of the Japanese Ministry of Finance, but this would be an odd time to get involved given that the US dollar moves largely based on fundamental data.

This article was written by Adam Button at www.forexlive.com.

cnbctv18-forexlive

Back to top button