10 Jul 2013
USD/JPY collapses below 100.00 on FOMC
FXstreet.com (New York) - The USD/JPY was under siege Wednesday, following the results of the FOMC minutes, which sent FX markets into a ballistic state.
USD/JPY plunges on Fed unevenness
Minutes of the Jun 18-19 Federal Open Market Committee meeting showed about half of the members consider it likely would be appropriate to end the bank's asset purchases late this year, while others wanted it to continue into 2014.
USD/JPY broken support in focus
At the time of writing, the USD/JPY pair has seemingly faced calamity, plunging below the 100.00 level and establishing lows at the 99.87 level (down a staunch -1.20%). Previously broken support at 100.36 has rattled the pair, placing it into a highlight volatile state.
USD/JPY plunges on Fed unevenness
Minutes of the Jun 18-19 Federal Open Market Committee meeting showed about half of the members consider it likely would be appropriate to end the bank's asset purchases late this year, while others wanted it to continue into 2014.
USD/JPY broken support in focus
At the time of writing, the USD/JPY pair has seemingly faced calamity, plunging below the 100.00 level and establishing lows at the 99.87 level (down a staunch -1.20%). Previously broken support at 100.36 has rattled the pair, placing it into a highlight volatile state.