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$JPY now lost all the βdovishβ #FED gains π https://t.co/yBlznpb1L4 https://t.co/ViiIOjZR6X
Yep, the #FED clearly focused on turning down the heat underneath the $JPY pressure cooker to donβt risk its explosion π₯ All it achieved so far was to trim 1 big figure only from the $USDJPY β¦. 1 hour to #tokyo #stocks open πΏ https://t.co/VqHm33DGT4 https://t.co/Pl23wnPqsW
#USDJPY is developing a shooting start in the daily timeframe after touching the 33 years high. The 152 level is the spot that's so far been defended by the Japan Finance Ministry, haven't seen a trade above that level since July of 1990. I believe it's a great time for #BOJ to⦠https://t.co/BGw2CitQvJ
The Japanese yen, represented by $JPY, is reaching new highs, testing the 152 level and defending it since July 1990. The USDJPY pair is experiencing pressure, with the Japan Finance Ministry intervening. The Federal Reserve is attempting to manage the situation.