USD/JPY Forecast: Weighed by BOJ, poor US data

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USD/JPY Current price: 112.66 View Live Chart for the USD/JPY Weighed by BOJ, poor US data. The Japanese yen strengthened at the beginning of the day, following the Bank of Japan economic policy announcement, in where the Central Bank maintained the status quo, but signaled the possibility of further easing and downgraded their outlook of the local economy. The pair accelerated further lower after the release of poor US retail sales figures for February, down by 0.1% compared to the previous

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