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USD/JPY – Yen Higher On Strong Wage Growth, 110 In Sight

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    USD/JPY has posted considerable losses on Tuesday, continuing the downward movement which started the week. In the European session, the pair is trading at 110.40. On the release front, Japanese Average Cash Earnings was surprisingly strong, posting a gain of 0.9%. Yields on Japanese 10-year bonds fell into negative territory,[​IMG]

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