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Quotes from the news wire:
Initially, some U.S. short-term guys used it as an excuse to test the downside and sell ahead of the long weekend in Tokyo.
– Kaneo Ogino
The dollar was already off its lows but Abe reminded markets that intervention is a possibility.
The yen's upside is heavy.
People are not taking any aggressive positions ahead of Yellen. Some people are buying the dollar on dips.
The yen's downside is probably limited, because nobody knows what will happen in China, and Japanese stocks are still fragile.
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"Kaneo Ogino Quotes." Quotes.net. STANDS4 LLC, 2020. Web. 29 Sep. 2020. <https://www.quotes.net/authors/Kaneo+Ogino+Quotes>.
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