USD/JPY: Government intervention on the pair


USD/JPY: The Japanese Ministry of Finance surprised the markets by intervening, a few hours after the meeting of the Japanese central bank. As a result, the pair fell 500 pips. Only the Japanese central bank is now maintaining negative rates. 146 is the next resistance.

by Philippe Lhermie, trader, trainer at traderchange.com, former head forex trader at a central bank

Copyright (c) 2022 TV Finance https://www.tvfmedia.fr

Did you like this article ? Share it with your friends with the buttons below.





Facebook


LinkedIn


E-mail





Source link -85