In the event of a stronger USD....USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Mar 1, 2018 8:47 AM

In the event of a stronger USD, a contradictory move in the USDJPY is expected.
We see strength in the Yen as BoJ reduces bond purchases, giving hint to a scaling back of its massive monetary stimulus program (stealth tapering)

Trade closed: target reached

⋅ Mar 7, 2018 1:55 AM