USD/JPY goes mad with contradicting stimulus reports
July 27, 2016 at 06:34 AM EDT
Dollar/yen is trading in an erratic manner, to say the least. The pair currently trades at 105.45, around 80 pips higher on the day, but this does not tell the full story. USD/JPY shot up as high as 106.54 before falling to 105 and bouncing again.
