posted byfx360 435 days ago
in USD, JPYmade popular 434 days ago
Risk FX stabilized in morning European trade today after the turmoil caused by the massive liquidation of USD/JPY positions as the start of the Asian session earlier in the day. USD/JPY dropped to a record low of 76.25 after triggering stops at the 80.00 level as risk aversion sentiment reached its peak in the wake of deteriorating conditions