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Forex technical analysis: USDJPY traders position for the FOMC

Discussion in 'Technical Analysis' started by ForexLive, Jun 15, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Manufacturing data a disappointment The US Industrial Production and Capacity utilization data was not nice. The PPI data earlier was better than expected. The dollar seems to be influenced by positioning ahead of the FOMC and anxiety from EU referendum vote in the UK next week. Get used to it. It is not going away and it will influence the flows.

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