USD/JPY continues to plunge with the “traditional” risk aversion play at work once again. 92.80 is important support, an area where Kampo (the Japanese postal savings system) was a rumored buyer late last week. We’ve traded as low as 93.00 so far.
USD/JPY continues to plunge with the “traditional” risk aversion play at work once again. 92.80 is important support, an area where Kampo (the Japanese postal savings system) was a rumored buyer late last week. We’ve traded as low as 93.00 so far.
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