I posted on the JPOY moves a couple of hours ago while much of Asia remained asleep:
- Monday open levels, indicative FX prices, 16 June 2025
- JPY has opened trading for the week much stronger. USD/JPY circa 147.85, EUR/JPY 172.10
- Note – It’s a Japanese holiday today, Monday, July 21, 2025 – markets are closed
The yen is giving some back now. I mentioned earlier that the strengthening we had seen was not going to be one-way trafiic, to expect volatility in thin trade. And here we are:
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This article was written by Eamonn Sheridan at investinglive.com.
