1. Hello Guest Click here to check FX Binary Point Financial Directory

Will The Bank Of Japan Intervene To Support The Yen?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    As the USDJPY price continues to collapse towards the 110.00 level the probability of the Bank of Japan intervening to depreciate the Yen is increasing. However, the question remains, what price represents the BoJ's line in the sand, and can it be defended against a rabidly USD negative market.[​IMG]

    Continue reading...

Share This Page