XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

No Santa Claus rally for USD/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 24, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    For those intrepid traders still tracking the markets on Christmas Eve, today’s breakdown in USD/JPY could be a big development with repercussions that stretch into 2016. For USD/JPY bulls, the struggles started with the Bank of Japan’s meeting last Friday. In that fateful gathering, the BOJ opted to change the composition of its long-running asset-buying program to allow purchases of more risky assets, including ETFs and longer-dated bonds. Analysts have long been calling for the central bank

    Continue reading...
     

Share This Page

Trade indices Online