USD/JPY leapt higher on Friday as short sellers were forced to close their positions and buy US dollars, leading to a textbook short squeeze in the forex pair. At the time of writing, USD/JPY had risen to a high of 117.063, gaining over 92 pips on its opening price of 116.140. It was another momentous […]
The post USD/JPY Gets Short Squeezed appeared first on Action Forex.