Thin liquidity?
The UK is on holiday today so the latest pop in USD/JPY has some pointing to thin liquidity. That's a bit of a tough one to believe because it's a very liquid time of day but it's all we've got to go on.
USD/JPY pops 30 pips then falls back
Adam Button
26/08/2019 | 13:11 GMT
Most Popular
- In-line CPI report leads to a blockbuster day for US stock markets
- US November NFIB small business optimism index 101.7 vs 94.2 expected
- US stocks open higher led by the NASDAQ index
- USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next