USD/JPY Extends Correction Lower, Dragging Down Other Yen Crosses
USD/JPY’s near term correction accelerates lower today and the development drags down other Yen crosses too. There is no apparent reason for the rush into Yen. Stocks, yields, metals, and oil are all steady for now. We’ll monitor if the Yen’s rally is a prelude to some other developments in the markets. For now, Kiwi […]
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