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USD/JPY Forecast: Unstoppable decline crashes with intervention rumors

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 112.37 View Live Chart for the USD/JPY Unstoppable decline crashes with intervention rumors. The USD/JPY fell down to 110.97, its lowest since October 2014. In spite Japan markets were closed on a local holiday, the decline was severe during the Asian session, extending further after the European opening, and drove purely by market sentiment. Mid European morning, the pair bounced to a daily high of 113.17 on some unfounded rumors of a BOJ's intervention, but the pair

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