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Forex Trading, Market News & Technical Analysis

Forex Trading: Dollar/Yen

Posted by Joseph Trevisani on Apr 3, 2013 1:04:00 PM

Dollar/Yen, at 92.92, continues to be weighed down by jitters heading into Thursday's BOJ meeting. Sentiment is mixed whether new BOJ chief Kuroda can deliver enough monetary volume to the financial and currency markets to further weaken the Yen. The pair bottomed at 92.80 earlier. Strong demand seen at 92.50-60 (Tuesday lows at 92.57), with stops seen below that level.

 

MNI & WWM

ScreenHunter 888 Apr. 03 13.10 resized 600

 

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