Ikon Forex: The forex option of USD/JPY slumped on Thursday because the forex brokers

[B]Ikon Forex –[/B] Thursday in the Asia forex market on August 5, the forex option of USD/JPY slumped in the forex market, because the forex brokers believed the forex price of USD/JPY would got a rebound after eight months at low level in succession and sold out USD assets to hedge in the forex market.

The forex dealers said a report released in the previous night related with the US employment condition performed strong, and this also enhanced the above opinion of the forex brokers in the forex market.

The forex dealer said part of the forex brokers sold out their US assets at the level around 11.2 percent, and the sell value was one hundred thousand US dollars, and the exercise price was at 86.30.

Edited by Laura.