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USD/JPY hit 16-month low, commo currencies under pressure

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events Japanese yen strengthen amid faltering confidence in BoJ (by Arnaud Masset) A usual during period of high uncertainties and growing fear of recession, investors are piling into safe-haven assets, such as the Japanese yen, sovereign bonds and the Swiss franc, while dumping riskier assets such as equities and EM currencies. Unfortunately for the Bank of Japan, this situation is far from being convenient as it goes completely against what the Central Bank has been trying to

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