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USD/JPY: Analysis – 27/03/2019

SquaredFinancial

The Dollar/Yen gained some ground yesterday following the equities’ footsteps, despite the signs of a global economic slowdown being all around us. Japan’s economy remains fragile, with exports down due to the global trade war. BoJ policymakers remain nervous, as some members suggesting more stimulus in order to boost the economy. Due to lack of any major economic data today, investors will remain focused on global stock markets for any directional clues.

SquaredDirect Review

Source: https://www.squareddirect.com/blog/technical-analysis/usd-jpy-technical-analysis-27-03-2019/
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