The dollar is holding slightly higher across the board so far today, as we head into the final stretch of June and Q2 trading. The main pair to watch is still USD/JPY, with price now testing waters above the 161 mark. Where art thou Tokyo?As a reminder, the pace of the weakness in the Japanese yen is a key factor to watch in case for intervention. Before the Japan MOF and BOJ stepped in the last time, we saw a surging run of roughly 500 pips in two days. This time, the run higher of 600 pips has took nearly a month. That said, it is very much one-way traffic and we've now crossed the key threshold of 160. Is that reason enough to keep a lid on things before they get too far again?Otherwise,
Hence then, the article about dollar holds slightly firmer ahead of european morning trade was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Dollar holds slightly firmer ahead of European morning trade )