USDJPY edges into 102.00 with Abe set to open the purse strings

Discussion in 'Technical Analysis' started by ForexLive, Jul 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    What's in his wallet? We now look to be getting the widely anticipated additional stimulus from Abe & Co and the yen is selling off ahead of it. On Friday the NFP went very wonky. From touching a high around 101.25 we then went on to drop down to 100.00 before going sideways as the market realised this wasn't a game changer for the Fed.

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