USD/JPY jumps north of 120 on negative BOJ-rate

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    On Thursday, trading on global markets was choppy, as the Fed failed to give a clear guidance. A further rise in the oil price combined with volatile equities provided a mixed picture for interest rate markets and for currencies. In the end, the dollar lost slightly ground against the euro with EUR/USD closing the session at 1.0940 (from 1.0893 on Wednesday). USD/JPY held in the high 118 area and ended the day at 118..82 (from 118.68). Investors were reluctant to be yen long ahead of BOJ

    Continue reading...

Share This Page

free forex signals