Yen Soars Against The Buck After BoJ

Discussion in 'Technical Analysis' started by Kaitlin, Jun 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    With the Fed leaving its interest rate unchanged and stating that two hikes are scheduled for this year, the USD/JPY currency pair remained relatively unchanged on Wednesday. The BoJ also left its monetary policy unchanged earlier today, which caused Yen to strengthen dramatically. The sharp reaction caused volatility to stretch[​IMG]

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