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Technical Analysis USDJPY : 2016-02-29

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yen weakens on economic data Japan’s January inflation slightly fell in line with preliminary forecasts. This heightens the probability of the further monetary stimulus from the Bank of Japan. Market participants assume some hints may be given on the G20 finance ministers’ meeting. The steps towards limiting global economic risks will be discussed there. Moreover, the positive economic data were released in the US on Friday. Will the yen continue weakening which means strengthening of the

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