USD/JPY Declines As BOJ Disappoints

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    This morning, the BOJ undershot market expectations as it gave only limited direct support to the government stimulus plan. The yen rebounded, pushed USD/JPY into the 103 big figure. The impact on EUR/USD is limited. Later today, focus for USD trading is on the US Q2 GDP and on the[​IMG]

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