The cautiousness towards USD weakness has somewhat returned, but the rebound is sluggish.
In the Tokyo morning session, the selling pressure on the USD/JPY pair intensified further from the previous days, and it touched 146.67 yen. The dollar selling accelerated as it broke below 147.15 yen, the low from November 21st, following the year’s high of 151.90 yen on November 13th. After reaching 147.15 yen on the 21st, […]