Yen Dumps before It Jumps
Marc Chandler
April 29, 2024
Overview: The FOMC meeting, the US employment report, and
eurozone CPI were to be the highlights of the week, but the Japanese yen stole
the march to start the week. The dollar soared to almost JPY160.20 before
falling sharply to JPY154.55 and then rebounding to almost JPY156.00. Intervention
has not been confirmed and BOJ data will not cover it …
Yen Dumps before It Jumps
Reviewed by Marc Chandler
on
April 29, 2024
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