12
by u/hferrari·1moDiscussion

USDJPY - Persistent Bid Above 160

The $USDJPY continues to find strong bids above 160.00, pushing toward 161.67. Intervention risk is certainly priced in by many, but the market's conviction to test higher levels seems to remain. What's the consensus on how high MoF/BoJ let it run before stepping in again? Macro divergence is still significant.

0 comments · 12 points

0 Comments

No comments yet. Be the first.

More like this