USDJPY, RISK OFF
Next 1-2 days
Yen is range bound and near the top of its range. Sentiment has soured with poor start to earnings, with rate hikes and uncertainty over US president to add to market jitters.
JPY set to appreciate as a risk off/safe haven play, whilst good news (Kuroda comments about further easing) already digested in the price.
2:1 risk payoff
Yen is range bound and near the top of its range. Sentiment has soured with poor start to earnings, with rate hikes and uncertainty over US president to add to market jitters.
JPY set to appreciate as a risk off/safe haven play, whilst good news (Kuroda comments about further easing) already digested in the price.
2:1 risk payoff
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