Dislikedwhat do you think ? was the dip bad enough to scare some longs on eurjpy ? i mean, not for the euro, but for the yen, it's time for him to react a little and have a few green daysIgnored
No that will not deter the longs looking ahead the of inflation target. For retails, that depends on the risk exposure. During panics attack or risk aversion, YEN will still gain as safe-haven which makes the task of BOJ so difficult to deflate the currency. But honestly the logical is to hold Euro against the Yen instead of holding Dollar against the Yen since BOJ and the FED are in race. Euro is susceptible to panics sell-off, bad news from EZ and monetary policy such as rate cut but not deflation as of now.