CAD/JPY: Was It Forbearance or Complacency?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    It’s interesting to step back just a few months in order to observe just how uncertain economist and central bankers were about the global economies. In the days leading up to the 7 August policy meeting Bank of Japan Deputy Governor Kikuo Iwata had suggested that the expected rate increases by the US Fed and the bank of England posed no risk that the Yen would depreciate too fast against the Dollar or Sterlingi: “...I don't see these moves as a risk... ...It could be fully priced in. In that

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