The yen has surged in New York trading, keeping FX traders on high alert that Japanese authorities may return to the market after July’s intervention. The focus is on whether further intervention evidence appears, which could quickly shift USD/JPY positioning and short-term rate expectations.
The yen has surged in New York trading, keeping FX traders on high alert that Japanese authorities may return to the market after July’s intervention. The focus is on whether further intervention evidence appears, which could quickly shift USD/JPY positioning and short-term rate expectations.
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mildly negative
Sentiment Score
-0.15
