USDJPY – Potential for a Volatile End to the WeekIt’s the last full trading week of the year before the Christmas break but that doesn’t necessarily mean that FX markets will be quiet. The calendar is still packed full of important risk events, and when combined with the possibility for decreasing levels of liquidity into Friday’s close it could be a recipe for volatility.
Take USDJPY for example. It has already been the biggest mover in the G7 currency space with its fall from opening levels at 155.80 on Monday down to a low of 154.68 so fa
