USDJPY technical evaluation: Wanting on the phases of the market cycle utilizing bull and bear channelsBull channels are value traits with greater highs and better lows. In a bull market, costs bounce off...
USD/JPY ANALYSISAll eyes on BoJ on the subject of YCC and potential for future rate of interest hikes.USD/JPY hits 7-month lows with growing ‘demise cross’ probably hinting at additional draw back.
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The inflation data is here:Japan data - Tokyo area headline inflation 3.5% (expected 3.1%)In addition to higher than expected inflation indications, unemployment also rose:With the Bank of Japan statement due soon (expect it...
Credit Agricole CIB Research discusses the scope for further JPY intervention."USD/JPY has surpassed intervention levels and broken through 146 in a test to the MoF's resolve to hold the line.
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