The risk of monetary intervention increased as USDJPY rose. But the government was able to do so verbally. The yen may feel better but is it really saved? Let’s discuss it and make a trading plan.
Weekly fundamental forecast for the yen
Kazuo Ueda’s one hint of policy normalization saved the yen. The BoJ Governor stated that the bank will have enough clues to know by the end the year if it should abandon the yield curve policy. The statement turned up so unexpected that the USDJPY quotes collapsed below… Read full author’s opinion and review in blog of #LiteFinance
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