FX: USD/JPY - Pullback In Line; New Lows - Wednesday, 11 September 2024

Real-Time: 08h22

Ticker: USD/JPY

A significant win for clients who took the opportunity to trade
The unwind/pullback, driven in large part by the Bank of Japan, has been a significant factor in the underperformance of growth/technology stocks.
The reading from the Tactical Trading Guide has been in line, with the pair pulling back from 160 to today's low of 140.
In FX terms, this is a MASSIVE MOVE.

Previous Post (26 June)

Readings For The US Dollar / Japanese Yen FX Pair Signal An Overextension And Potential Pullback

Lester Davids

Analyst: Unum Capital

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