forecasts
USD/JPY Fundamental Weekly Forecast – Ripe for Relief Rally after Congress Agrees to New COVID Stimulus DealLast week, the BOJ surprised the markets by announcing its plan to review its monetary easing.
Dec 21, 2020 07:40 AM GMT
The Dollar/Yen was crushed last week, trading down to its lowest point since early March or the start of the coronavirus pandemic. It slumped to a nine-month low against the safe-haven Japanese Yen, even though investors had been buying up risky assets all week.
Last week, the USD/JPY settled at 103.313, down 0.736 or -0.71%.
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