The yen continues to wobble, with USD/JPY bid back above 161.00 as I update.
The Tankan wasn’t too bad., The GDP revision was super-ugly.
EUR/USD is adding to it earlier gap higher, just a little circa 1.0750.
Speaking of USD/JPY, check out the FX dealing in this old clip, from around the 1:56 mark.
If you look closely you’ll see USD/JPY trading circa 262! And some USD/DEM for the really old timers 😉
This article was written by Eamonn Sheridan at www.forexlive.com.
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