USDJPY Bearish Break Was Dramatic But Liquidity Can Tame Even That Move

December 21, 2022 at 07:45PM The breakdown from USDJPY – and most Yen crosses – following the Bank of Japan’s surprise tightening of its monetary policy was certainly dramatic. It may also prove a fundamental shift for the Japanese currency over time. However, that tide change doesn’t have to play out immediately through liquidity drain.

USDJPY Bearish Break Was Dramatic But Liquidity Can Tame Even That Move