The Yen surged across the board on early Asian session on repatriation funds and extreme risk aversion after Friday's quake, reaching multi week highs until the BoJ took action, with a massive liquiduty injection which sent the Yen lower, and favouring consolidation on Yen crosses.
USD/JPY retreat from 83.30 high on Friday extended to 80.60 low pre-BoJ, and the pair bounced up afterwatrds to c¡consolidate between 81.75 and 82.20 since. EUR/JPY retreated from 114.70 to 112.50 on Asian session to bounce up and consolidate, roughly between 114.00 and ....Full Forex News at :
http://www.forexsq.com/currencies/f...rily/?sms_ss=twitter&at_xt=4d7e0a113933d874,0
ForexSQ
USD/JPY retreat from 83.30 high on Friday extended to 80.60 low pre-BoJ, and the pair bounced up afterwatrds to c¡consolidate between 81.75 and 82.20 since. EUR/JPY retreated from 114.70 to 112.50 on Asian session to bounce up and consolidate, roughly between 114.00 and ....Full Forex News at :
http://www.forexsq.com/currencies/f...rily/?sms_ss=twitter&at_xt=4d7e0a113933d874,0
ForexSQ
