These are wide moves in a pair that was once known as a sleepy pair. To start the week, trade was the driver but today the focus was on the US economy. Soft readings on ADP employment and ISM services were the catalyst for USD sales.
Keep an eye on Treasury yields as US 10s have fallen to a one-month low of 4.35%. The market is fully priced for a September rate cut.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( USD/JPY zig-zag continues this week )
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