Previous close | 156.7690 |
Open | 157.2900 |
Bid | 157.2900 |
Day's range | 157.2900 - 157.2900 |
52-week range | 137.3150 - 159.9610 |
Ask | 157.3700 |
The USD has bounced all over the place this week against the yen, as traders continue to pray for loose monetary policy coming from the Fed. Not sure if it will happen, but things are starting to look, “broken.”
The US Dollar continues to bounce around against the Japanese yen, as there is a lot of noise around the PCE numbers coming out a little lower than expected.
The US Dollar continues to see a lot of volatility against the yen, but at the same time, it is worth noting that the market is still bullish from a longer-term perspective, and this is a market that cannot be shorted at the moment in this environment.