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USD/JPY Stagnates Near Long-Term Lows As FOMC Decision Looms

Discussion in 'Technical Analysis' started by Kaitlin, Jun 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    As the markets await the conclusion of June's FOMC meeting and the resulting monetary policy statement scheduled for Wednesday, the US dollar has remained in a much-weakened state against the Japanese yen. Both the yen and dollar have been supported most recently by a general risk-off market environment ahead of[​IMG]

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