Bulls to step in at 110.x
By bulls, I mean the BoJ LOL!
Fundamentals in a nutshell: The Japanese economy has shown weak growth which is hurting Yen exports. Thus the BoJ is under increasingly strong pressure to adopt further easing measures. This is especially made more plausible in the milieu of the BoJ warning that it would intervene to curb further climbs in the Yen.
Fundamentals in a nutshell: The Japanese economy has shown weak growth which is hurting Yen exports. Thus the BoJ is under increasingly strong pressure to adopt further easing measures. This is especially made more plausible in the milieu of the BoJ warning that it would intervene to curb further climbs in the Yen.
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