USD/JPY hangs near one-month low, heavily offered below 133.00 amid Credit Suisse crisis – by hareshmenghani USDJPY RiskAversion BOJ Fed Currencies
USD/JPY witnessed an intraday turnaround from a fresh weekly high touched earlier this Wednesday.
A blowout intraday USD rally lends some support to the pair and helps limit losses, at least for now.retreats sharply from a fresh weekly high, levels just above the 135.00 psychological mark touched earlier this Wednesday and drops to a fresh one-month low during the North American session. Spot prices, however, manage to rebound a few pips in the last hour and now seem to have stabilized just below the 133.00 round-figure mark.
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