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USD/JPY Stalls, Will It Fall?
•The Japanese Yen has regained some initiative against the US Dollar and other currencies •That said, USD/JP has clearly topped out, but still has yet to fall •Whether or not it does could be decided this week The Japanese Yen has managed to staunch the US Dollar’s latest decline against it, but USD/JPY now seems to be in technical limbo and, perhaps, needs a new story to move it along. Having been under pressure for much of the year, the greenback staged a remarkable fightback in early September. The fundamental underpinning for this was quite simple. The US Federal Reserve clearly plans to keep tightening ... (full story)
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bel3ouchi
Oct 18, 2017 4:50pm
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