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USD/JPY Forecast: Downward potential increases

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    USD/JPY Current price: 110.59 View Live Chart for the USD/JPY Downward potential increases. The Japanese yen appreciated further during the past Asian session as local share markets plummeted, fueling demand for safe-haven assets. The USD/JPY fell down to 110.25, a level not seen since October 2014, and the following bounce was unable to reach the 111.00 figure, despite the BOJ offered its usual jawboning: chief cabinet secretary Suga said that authorities are watching FX movements with a

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