Wow! The USD dropped 500 pips against the JPY yesterday! What happened? Why did it do that?
You can never know for sure but the G7 met over the weekend and the yen crosses in particular respond to changes in the DOW as a result of the carry trades
Wow! The USD dropped 500 pips against the JPY yesterday! What happened? Why did it do that?
You can never know for sure but the G7 met over the weekend and the yen crosses in particular respond to changes in the DOW as a result of the carry trades