We’ve seen the same play every morning for the last week or so. Dealers buy USD/JPY early in the morning in the hope of some BOJ activity and they dump these longs in early afternoon if/when no intervention emerges.
USD/JPY has edged up to 76.86 from earlier lows near 76.60.
Most Popular
Sponsored
Google bro thought he banked $1.2M
Gold has been slammed on renewed hostilities in the Gulf. IRGC says it targeted a US air bas.
SK Hynix hits $1T valuation, joining Samsung & Micron on AI chip surge. Korean stocks soar 100%!
Kuwait air defenses responding to hostile missile and drone attacks Conflict flaring again in the Gulf
Chicago Fed President Goolsbee warned that anticipated AI productivity gains are inflationary and that an oil shock makes the problem worse, saying the bigger the AI hype, the more rates may need to rise.
Google engineer nabbed for $1.2M insider trading on Polymarket. Risky bet, big payout.
Microsoft lands $9.7B Pentagon deal, boosting its cloud services. Dell also wins big, streamlining software buys.
Sponsored
Must Read
