After Friday's roller coaster ride post-NFP Usd/Jpy ends up lower
After looking stronger just after the (weaker) NFP release,
USD/Jpy failed to break and stay above 125
It looked like traders were betting on a September rate hike,
but the market news reports did not confirm this,
and profit taking set in - bringing the pair down again
Opportunities present themselves now to sell Jpy crosses
Also the SNB announced their willingness to prevent a higher Chf again,
and said that they might intervene…
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