Unraveling the Japanese Yen Surge: A Swiftly Fading Phenomenon
The Volatility Swing in the Japanese Yen What Just Happened? The volatility swing is in full action for the Japanese yen right now. USD/JPY saw a very quick drop from around 156.60 to 155.00 before being just as quickly bought back up now to 156.10-20 levels. It’s not immediately clear if this was a first…