Yen Dominates with Strong Rally, USD/JPY Enters Bearish Trend Reversal

<p><img width="612" height="457" src="https://www.actionforex.com/wp-content/uploads/2019/01/f-jpy94-e1600274108585.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2019/01/f-jpy94-e1600274108585.jpg 612w, https://www.actionforex.com/wp-content/uploads/2019/01/f-jpy94-e1600274108585-600×448.jpg 600w, https://www.actionforex.com/wp-content/uploads/2019/01/f-jpy94-e1600274108585-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2019/01/f-jpy94-e1600274108585-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2019/01/f-jpy94-e1600274108585-562×420.jpg 562w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Yen is trading as the runaway leader in today’s market, dominating traders’ focus. This rally was initially triggered by comments from BoJ Governor Kazuo Ueda regarding the central bank’s potential strategies upon exiting negative interest rates. Buying momentum for then intensified further following Ueda’s meeting with Japanese Prime Minister Fumio Kishida to discuss his monetary […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/530733-yen-dominates-with-strong-rally-usd-jpy-enters-bearish-trend-reversal/">Yen Dominates with Strong Rally, USD/JPY Enters Bearish Trend Reversal</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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