Dollar-yen is increasingly feeling the weight of 150 yen, and with the upcoming U.S. employment statistics tomorrow, there are expectations for position adjustments.
This week, the spotlight is on the dollar-yen exchange rate. The unexpectedly strong U.S. JOLTS job openings have pushed it beyond 150 yen, and then it suddenly dropped to the 147 yen range. It’s a rough ride, and while there’s no confirmation at this point whether it was intervention or not, there’s speculation. Today, there […]