ING’s Francesco Pesole notes USD/JPY volatility and suggests an initial move lower may already have involved FX intervention. With US …
holidays
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Japan intervened in forex market during May holidays to boost yen – Reuters
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Yen steady as intervention fears linger with Japan shut for holidays
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EUR/USD Current price: 1.1760 Diminished volumes due to the New Year’s holiday maintain major pairs within limited ranges. The FOMC …