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JPY Debasement Continues, NZD Holds Ground

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 31, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen slid further in Tokyo after data showed Japan's industrial production was unchanged in July, missing widely median forecasting. After breaking the 102.83 resistance implied by the high from August 2, USD/JPY managed to stay above that resistance as it consolidated gains at around 1.0315. Japan's industrial production[​IMG]

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