USD/JPY: Strong Acceleration After Dovish BoJ Deflated Yen
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy128.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy128.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-jpy128-600×400.jpg 600w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>USDJPY was sharply up during the late Asian/European session on Tuesday (up 1.3% so far) in strong acceleration after dovish Bank of Japan deflated yen. The central bank kept its ultra-loose monetary policy unchanged and maintained forward guidance, disappointing those who expected signals about the start of tightening cycle. The pair is in near-term recovery […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532445-usd-jpy-strong-acceleration-after-dovish-boj-deflated-yen/">USD/JPY: Strong Acceleration After Dovish BoJ Deflated Yen</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment