USD/JPY | US Dollar to Japanese Yen Trading Analysis
Japanese Prime-Minister Y. Suga said that authorities are closely monitoring the situation on the currency market. That statement came out quite unexpectedly given the relatively calm yen's intraday dynamics. As a rule, such comments are made by the authorities only when the yen is strengthening sharply. As was reported in December, Suga gave orders to the Ministry of Finance not to let the pair fall below 100.
Read more: https://paxforex.org/forex-analysis/usdjpy-trading-analysis-15-02-2021
