JustTradeSignals

YEN CROSSES ON THE RISE | USDJPY CADJPY GBPJPY

TVC:JXY   Japanese Yen Currency Index


JXY, Yen has technically taken out the support and price slides further downside. All the crosses looks like to make all time high specially USDJPY

BoJ Stance:
BoJ would adhere to its ultra-loose policy until the Bank achieved its inflation target of 2%.

With Kuroda doubling down on the Bank’s accommodative policy, the risk for the yen is clearly tilted to the downside, barring a decline in US Treasury yields.

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How you do see the direction of Yen in future.

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