USD/JPY back above 130 in Asia morning trade –…
There isn’t fresh news nor data crossing. Choppy volatility in USD/JPY looks set to continue, even into this huge central bank week:
On the 130 big figure, Japanese exporters have set sell orders.
Down near 129.00 importers are lining up to buy USD/JPY.
Mix in large option expires circa 130 for today and 129.00 on Tuesday (Justin will have more on option expiries later today).
USDJPY choppy range: