USD/JPY Forecast: Short term bullish

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 117.83 View Live Chart for the USD/JPY Short term bullish. The USD/JPY pair plummeted to 116.69 during the Asian session, with the Japanese yen accelerating its advance against most of its major rivals amid another round of poor Chinese data. According to the latest release, China CPI in December rose 0.5% monthly basis, thus the year-on-year reading grew less than expected, up to 1.6%. The producer price index, however, remained extremely negative, printing -5.9% in the

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