Inflationary pressures in Japan continue to decrease as today’s BOJ Core CPI report showed, but the Japanese Yen is attracting bids from safe haven traders amid a chaotic rise out of Washington. The USDJPY remains the biggest benefactor of this currency move. How will the US Dollar react to today’s housing data as well as to a regional manufacturing report?
Will the bears receive enough fuel to push the USDJPY further to the downside or is it time to buy? Get your trading set-up now exclusively at PaxForex Daily Fundamental Analysis and take the profitable trade in this currency pair.
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