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USD/JPY Forecast: Unable to pickup, bearish

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

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 108.20 View Live Chart for the USD/JPY Unable to pickup, bearish. The USD/JPY pair fell down to 107.62, a fresh multi-month low, during the past Asian session, but bounced back above the 108.00 figure as BOJ's Governor Kuroda said that the Central Bank is ready to add stimulus if needed. As usual when it comes to jawboning, the bounce was shallow, with the pair stalling in the 108.30 region, and maintaining the negative tone short and long term. Ahead of the US opening,

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