MNI ASIA MARKETS ANALYSIS: USD/JPY Sinks to 158 Ahead of BOJ

Jul-30 20:09By: Bill Sokolis
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HIGHLIGHTS * Thursday's session in FX was highlighted by a significant decline for USDJPY. Both the magnitude & timing of the move, alongside intra-day price action, appear consistent with MoF intervention (US$/Yen tapped 157.98 low). * The Bank...