USDJPY Trading at 10 Weeks High
USDJPY
USDJPY is trading at 10
weeks high as bond yields are the focus of the day.
US stock Market is
trading at mix feelings and the good earnings are not really enough
to push to a convince long move. Tensions at Asia has eased out us
at a Risk Off scenario with a less demand of Japanese Yen witch is
taken as a safe heaven on market uncertainty.
As we speak the trend
is bullish and should continue for the week ahead, CPI and interest
Rate data release late this week should confirm.
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