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Trump denies accuracy of Washington post article-USD/JPY jumps back above 157.25
Breaking news a moment ago has sent the dollar screaming higher. This is because the President elect, Donald Trump has denied the accuracy of the Washington Post article released earlier. This denial by Trump has sent the USD/JPY charging back above 157 and the EUR/USD slumping back towards 1.0350. The dollar was already on the rebound anyway and this news has helped to endorse that move. The reader here was warned about the possible detraction from US officials regarding the validity of this report. The USD/JPY is right now at 157.15
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