US Session – USDJPY tumbles to 1-month low of 98.00 yen
Posted on July 26, 2013 at 8:15 pm GMTMost currency pairs were relatively unchanged in the U.S. session, continuing trading in the ranges from the European session on a quiet Friday. Out of the major currencies, only the yen was the most actively traded currency today, with the most activity in the USDJPY pair. Dollar weakness dominated as investors began betting that he Fed will maintain its monthly bond-buying at $85 billion and will not taper stimulus that soon as was originally thought. U.S. economic data was not [..]