Dealers say they will spending the rest of the day cleaning up the mess left by the USD/JPY spoof . Traders are calling the official high at 81.50 but it was all done and dusted in less than a minute and there are still plenty of positions to be cleaned up. Notwithstanding the spoof it was apparent to banks holding orders this morning that the buying interest between 79.80 and 80.20 is huge…just something to keep in mind the next time USD/JPY gets back there.
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