GBP/JPY-Commentary
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September 27, 2024 6:56 AM UTC
USD/JPY falls 3 big figures in early Europe. Wires are attributing the move to the result of the Japanese LDP leadership election, although it looks like a move that might have been triggered by intervention. Either way, it breaks the JPY downtrend of the last two weeks, but further action may be ne
July 11, 2024 10:53 AM UTC
The JPY is at record weak levels and continued to make new lows despite narrowing yield spreads and FX intervention. Will the trend ever turn? Risk aversion looks liek the most likely candidate to trigger a recovery which could be huge when it comes