Thursday, February 7, 2019

USDJPY in red zone at 114 00

USD / JPY in the red zone at 114.00

Emerging from a 3-day rally, USD / JPY today stepped down, however, then a little moved away from session lows. To date, trading is in the area of ​​113.80.

The pair has so far failed to get out from under the pressure of American bearish correction against its major rivals, due primarily to a decrease in the yield on Treasuries background geonapryazhennosti another escalation on the Korean Peninsula, as North Korea is again planning to conduct a nuclear test.

Yen strengthened position and today's comments head of the Bank of Japan Kuroda that the regulator will start to consider an exit strategy from the current aggressive easing policy.

However, the positive dynamics of the stock markets limits the strengthening of the yen, a traditional safe haven, while the dollar continues to be supported expectations the Fed raising rates in June.


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