Yen surged broadly Monday, pushing USD/JPY through 157, after Japan's Vice Finance Minister Atsushi Mimura sharpened Tokyo's intervention warning, saying markets should take the coordinated Japan-US message on Yen weakness "at face value.
The post Yen Surges on Tokyo Warning, but Oil and Yields Still Set the Broader FX Tone appeared first on ActionForex.
Yen surged broadly Monday, pushing USD/JPY through 157, after Japan’s Vice Finance Minister Atsushi Mimura sharpened Tokyo’s intervention warning, saying markets should take the coordinated Japan-US message on Yen weakness “at face value.
The post Yen Surges on Tokyo Warning, but Oil and Yields Still Set the Broader FX Tone appeared first on ActionForex.
