Yen Breaks Away From Quiet Markets as Traders Race the Payroll Clock

The Japanese Yen remained the clear underperformer in otherwise subdued markets, with USD/JPY climbing to a fresh 40-year high as traders continued to exploit what they see as a narrowing intervention window ahead of Thursday’s US Non-Farm Payrolls report. While most major currency pairs remained confined within last week’s ranges, the Yen’s broad-based decline stood
The post Yen Breaks Away From Quiet Markets as Traders Race the Payroll Clock appeared first on ActionForex.

The Japanese Yen remained the clear underperformer in otherwise subdued markets, with USD/JPY climbing to a fresh 40-year high as traders continued to exploit what they see as a narrowing intervention window ahead of Thursday’s US Non-Farm Payrolls report. While most major currency pairs remained confined within last week’s ranges, the Yen’s broad-based decline stood […]

The post Yen Breaks Away From Quiet Markets as Traders Race the Payroll Clock appeared first on ActionForex.

​Read More