The period between New York close and Tokyo open is the thinnest period of the 24 hour FX cycle.
USD/JPY has kept up its swings.
OVernight we had leak news:
- Forexlive Americas FX news wrap: Bank of Japan leaks the possibilty of 15 bps hike
Since then there is nothing fresh news nor data wise.
As I post its 7.40am in Japan
USD/JPY 1 minute chart
This article was written by Eamonn Sheridan at www.forexlive.com.
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