Gold surges, U.S. dollar sells off versus main peers in late trade, USD-JPY slumps as Japan’s inflation rises
As the FX markets reopened on Boxing Day, liquidity and consequently the trading in currencies was significantly reduced, as many institutional traders at major banks and funds remained out of the markets, or on holiday. Many currency pairs experienced whipsawing conditions during the trading sessions, which provided both challenging conditions and opportunities for many retail […]