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USD/JPY Forecast: Following stocks, waiting for US data

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 29, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 113.92 View Live Chart for the USD/JPY Following stocks, waiting for US data. The USD/JPY pair trades lower this Monday, with the Japanese yen strengthening on the back of stocks' decline. Worldwide indexes are in the red at the beginning of the week, although there is no clear catalyst behind the movements. The US will release some data at the beginning of the American session, including the Chicago PMI index and Pending Home Sales, which if positive, may help the

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