Euro leaves the yen behind. Forecast as of 07.12.2020

The growth of the global risk appetite pressed down the US dollar and all safe-havens, including the yen. The euro buyers remember old advantages, and the euro is ahead of the main rivals. How will the ECB react? Let us discuss this question and make up the EURJPY trading plan.

Weekly yen fundamental analysis

It is pleasant when the forecasts for three months come true after two or three weeks. The EURJPY pair has reached the target at 126.4, which I indicated in late November, amid the increase in global risk appetite and aggressive sell-offs of safe-havens and funding currencies…. Read full author’s opinion and review in blog of #LiteForex