Yen needs an explanation. Forecast as of 22.03.2020
After stopping buying stocks ETFs and expanding the target range for 10-year bond yields, Haruhiko Kuroda was forced to explain. How will this affect USDJPY? Let us discuss this question and make up a trading plan.
Weekly yen fundamental analysis
While the Fed is not going to abandon the ultra-easy monetary policy, and the ECB intends to increase asset purchases, the Bank of Japan is removing the phrase about the acquisition of stock ETFs in the amount of ¥6 trillion per year from the accompanying statement. The BoJ is also expanding the target range of 10-year bonds from +/-0.2% to +/-0.25%. Nikkei 225 immediately... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cYjU
