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Dollar-yen has ground from north of 160 to within spitting distance of 155 this week. No intervention, just a slow, steady move. BOJ terminal rate pricing has moved 20 basis points higher. Short yen is a very crowded trade. Every big figure lower makes those shorts more nervous.
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Dollar/Yen climbs to 156.44, its session high, after previously falling as low as 155.25.
Dollar/Yen advances 0.41% to 156.430.
Dollar/Yen gains 0.2%, trading at 156.08.
DOLLAR/YEN EXTENDS FALL, NOW DOWN 1.75% AT 155.9
Dollar/yen extends drop, down 0.4% to 158.07
Dollar Currency is USELESS at Purchasing These Critically Important Things For Your Life (new video)
Dollar hits 7-week high, Middle East conflict and rate paths in focus