JPY Trading Outlook (04-08-2011)
The Japanese Yen (JPY) the major surged in the Asian session Thursday as the MOF confirmed intervention and the BOJ ended it&rsquo s rate meeting one day early. EUR/JPY and AUD/JPY surged with the USD/JPY which itself moved from Y77 to Y79. Overall the USD/JPY traded with a low of 76.76 and a high of 77.39 before closing the day around 79.10 in the New York session.
Back to JPY Trading Outlook Archive