Ikon Forex – Tuesday in Asia forex market on August 3, the forex rate of USD/JPY continued to be maintained at 86.30-60 and got an adjustment there. In the previous night the media pointed out FED was considering to further relax the policy again in the forex market.
Wall Street Journal said FED might retake collateral loans in the forex market to support the bond and Treasury bond markets. And the non-farm data which would be released on this Friday (August 6) would dictate the decision of FED to large extent in the forex market.
The senior forex dealer Kenichi Nishi in Bank of Tokyo Mitsubishi UFJ said the forex brokers would not buy in USD/JPY in large amount; before the news of FED would further relax its forex policy was proved true in the forex market.
The forex rate of USD/JPY was 86.43/46, and EUR/USD was 1.3159/61 at 14:15 Beijing time.
Edited by Laura.