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USD/JPY Forecast: Down from 113.60 as US data disappoints

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 28, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 113.30 View Live Chart for the USD/JPY Down from 113.60 as US data disappoints. The Japanese yen weakened during the past Asian session, on renewed speculation Prime Minister Abe will announce a fiscal stimulus plan and delay the increase of the sales tax, this Tuesday. The USD/JPY advanced up to 113.59, holding nearby during the European session. US data is pushing the pair lower, as CPE inflation fell into negative territory in February, which means the FED has less

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