Forex news for North American trading on July 31, 2020:
Markets:
The big story was the move in USD/JPY. It came after some serious jawboning and threats from top Japanese officials in Asia so it looks like intervention. It painted a huge outside day on the chart in a reversal to 106.00 from 104.19 at the lows.
Markets:
The big story was the move in USD/JPY. It came after some serious jawboning and threats from top Japanese officials in Asia so it looks like intervention. It painted a huge outside day on the chart in a reversal to 106.00 from 104.19 at the lows.