Forex_Analysis_Wing

USDJPY (H4) : Waterfall may occur very soon till tomorrow

OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY (H4) : Waterfall may occur very soon till tomorrow

Following an intervention speech by Masato Kanda, Japan's chief FX officer, the USD/JPY marginally declines. According to Kanda, speculation rather than fundamental factors should be to blame for the Yen's recent decline. It's possible that the government will step in to stabilise the Yen.

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