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The USD/JPY pair soared during the Asian session

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD The Bank of Japan sealed currencies' fate on Friday, by introducing negative rates, announcing a 0.10% interest rate on current accounts that financial institutions hold at the BOJ. The American dollar surged again most of its rivals, although gains were limited by tepid local data. The US Q4 advanced GDP came in with a small downside surprise, as it showed the economy grew by 0.7% against the 0.8% expected. The slowdown in the US by the end of 2015 was already anticipated by the FED

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