Is the Tokyo dollar-bid kicking off again?

Author: Adam Button | Category: Forex Orders

Like clockwork

It's just past 9 am in Tokyo and for the second day there's a substantial bid in USD/JPY. The pair is quickly 8-10 pips higher in the past few minutes.

Yesterday the bid in the pair was strong enough to turn into a broad USD bid that eventually led to a huge rally in the dollar.

Like clockwork

Ready for Part 2?

Keep a close eye on how this develops.

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