The Traderszone Network

Published in TZ Latest News 17 December, 2015 by The TZ Newswire Staff

USD/JPY hit by a nasty squeeze

Back to 122.44
USD/JPY is all over the place as the market digests the shock BOJ easing announcement.
It shot up to 123.50 but has plunged to a session low of 122.34 now. It doesn’t make any sense for USD/JPY to be selling off here with the BOJ announcing fresh easing.