Forex news for Asia trading Friday 23 September 2016
Yen a mover here in Asian today. As Tokyo got underway yen sellers were active, taking USD/JPY above 101 and slightly higher. Chater was it was fix-related but 0055GMT came and went and USD/JPY didn’t slide back, instead popping again soon after to above 101.20 where it subsequently found some resistance and halted its rise. A few threatening remarks from the Japanese administration had little impact.