Forex news for Asia trading Monday 23 January 2017
Early prices for the week showed a sharp drop for USD/JPY, the rate under 114.00 initially. It stabilised around 114.25 and nearly covered the ‘gap’ down before Tokyo morning selling saw a more extended drop, back under 114 and then continuing lower to circa 113.50 for a whole big figure lower (give or take) from Friday’s US closing levels.