Day: October 3, 2023

USD/JPY plunges from above 150.00

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The USD/JPY experienced a sudden collapse, plunging more than 250 pips within a few minutes. The pair, which had been trading above 150.00 following the release of better-than-expected US data, sharply dropped to 147.28 and then rebounded to 149.00. Significant volatility was observed in Yen crosses due to recent developments, indicating a potential intervention by […]

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