Yen has risen to important technical levels and is is showing potential for a further move higher.
Read more … →Barclays are recommending clients buy the Japanese Yen while selling Dollars in a week that starts with a hefty fall in the value of USD/JPY.
Read more … →USD/JPY plummets after Trump says Fed policy on interest rates bad for the economy which suggests the possibile adoption of a weak-Dollar policy. Charts, however, show uptrend remains intact for noโฆ
Read more … →The USD/JPY has risen strongly in recent weeks, reaching above 112 this week, although the rally is unlikely to extend much further, says Jordan Rochester, an FX strategist at Normura.
Read more … →Despite 10 'up' days in a row charts still giving bullish indicators. Formidable resistance, however, means 'caution' is the watchword.
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