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USD/JPY Weekly Forecast: A sense of deja vu


1/9/2021 2:47:46 AM GMT
USD/JPY recovers ground but the trend remains lower.
Weak US December payrolls had minimal effect as already priced.
BOJ “closely watching currency markets” provides Thursday boost.
FXStreet Forecast Poll sees little movement despite bearish outlook.
A week of political turmoil in the United States that culminated in a riot in the halls of Congress by supporters of President Trump, had almost no impact on the currency markets as an old-fashioned warning from the Bank of Japan combined with the prospect of more stimulus spending in the United States gave the USD/JPY a modest boost back to 104.00. ....

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