Tuesday, April 14, 2015

USD/JPY Under Pressure, Sterling Hits 5-Year Low Verse USD

Yesterday was supposed to be a quiet day in the FX market, this was without reckoning with Koichi Hamada’s interview on Japanese TV. Prime Minister Shinzo Abe's adviser declared that monetary policy is working well in Japan and added that a level of 120 in USD/JPY is weak while a



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