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JPY Sell-Off Accelerates, USD Gains Broadly

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Japanese yen went under renewed downside pressure as the Bank of Japan’s quarterly Tankan sentiment survey showed that Japanese companies revised their inflation expectation to the downside, expecting now consumer prices to rise 0.6% in the next year compared to 0.7% in the July report. USD/JPY tested 102.39 in[​IMG]

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