USD/JPY Falls To One-Month Low

The post USD/JPY Falls To One-Month Low appeared first on Coinpedia Fintech News

USD/JPY has tumbled from 160.38 through 158, dropping to a one-month low of 156.64, down 1.3%. The move isn’t confirmed intervention, but fear of a repeat is shaping trader psychology near the 160 level, reinforced by rapidly shifting Bank of Japan tightening expectations. The selloff bears little resemblance to Japan’s confirmed intervention in late July, …