usdjpy going up sharply in late ny session !!!

Discussion in 'Forex Trading' started by gmst, Aug 24, 2011.

  1. gmst

    gmst

    Anyone knows why? This is unusual ??
     
  2. Lucrum

    Lucrum

    In the grand scheme of things it's not a "big" move so far anyway.
     
  3. gmst

    gmst

    Thanks for replying but i figured it out. Its a correlated move wrt 10yr US rate move up.

    Yes its not a big move in grand scheme, but is "big" move for late afternoon in ny session...look at $yen historical moves over last 10 days around this time and u will see wat i am saying.