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USD/JPY Forecast: Bullish above 123.55

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 16, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 123.12 View Live Chart for the USD/JPY Bullish above 123.55. The Japanese yen started the day advancing against most of its major rivals amid risk sentiment leading the way, with the USD/JPY falling down to 122.21. The currency however, changed course after the release of the latest GDP figures, showing that the economy contracted in the third quarter. Gross domestic product declined an annualized 0.8% in the three months to September, well beyond the 0.2% contraction

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