USD/JPY breaks 150.00 on strong JOLTS data
<p>US August job openings in the JOLTS survey rose to 9.61m compared to 8.80m expected. That's led to a further round of bond selling and a broad rally in the US dollar.</p><p>The result has been a break of the key 150.00 level in USD/JPY and up to 150.07. Eyes or on this pair for intervention or a run on stops higher if intervention doesn't occur.</p><p>Last October the pair broke 150.00 and quickly ran nearly 200 pips before it was smashed lower on intervention.</p>
This article was written by Adam Button at www.forexlive.com.
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