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European Market Update: Diminishing Returns Of QE Efforts Weighing Upon Overall Sentiment

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Continued Japanese verbal intervention rhetoric failed to derail the yen for its 7th straight session of gains and longest winning streak since Sept 2012. USD/JPY hit a fresh 17-month low in Asia at 107.63. The pair did manage to move back above the 108 level during the European session and[​IMG]

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