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BOJ Unchanged Decision Pushes USD/JPY Off A Cliff

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Yesterday, the dollar lost slightly as the Fed reduced the probability of additional rate hikes further down the road. This morning, the BOJ unchanged decision triggered a run on the yen and sent markets in a risk-off spiral. For now, the euro remains well bid, but EUR/JPY remains a potential[​IMG]

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