By Jeremy Boulton — Feb 10 - 04:50 AM
To spoof is sell when intending to buy or vice verse
USD/JPY was slammed 131.63-129.80 on BOJ news nL1N34Q0JW
Pair has since rallied to 131.40, then rapidly dropped to 130.78
Seems whatever games are being played continue
If dip wrong-footed traders about policy changes - bigger risk lie higher
Source:
Refinitiv IFR Research/Market Commentary