Jan 27, 2016
USD/JPY mixed on transfused sentiment in Tokyo open
USD/JPY opened in Tokyo slightly bid before selling off a hand full of pips while the US was a positive close with a rebound in oil and good earnings, but since then, the oil news has nerved markets again. The price is testing the upside, but failing to convict much through recent highs and capped before the 22nd Jan 118.72 high. The week ahead is all about the BoJ and FOMC.
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