refaey
02-08-2014, 20:44
Japanese Yen Forecast – JPY Still at Risk for Larger Correction on Fed Testimony, Risk Trends
The USDJPYclimbed to a freshly month high of 102.57 following the dismal Non-Farm Payrolls report, but the pair may reverse course next week should the Fed’s Humphrey-Hawkish Testimony raise bets of seeing another $10B taper at the March 19 meeting.
The USDJPYclimbed to a freshly month high of 102.57 following the dismal Non-Farm Payrolls report, but the pair may reverse course next week should the Fed’s Humphrey-Hawkish Testimony raise bets of seeing another $10B taper at the March 19 meeting.