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Yen depends on the stock market. Forecast as of 05.04.2021 Ne | LiteFinance

Yen depends on the stock market. Forecast as of 05.04.2021

Neither the epidemiological situation nor the state of the Japanese economy is of particular concern to USDJPY traders. The fate of the pair lies in the hands of US Treasuries and the Japanese stock market. Let us discuss the Forex outlook and make up a trading plan

Monthly Japanese yen fundamental forecast 

While the dollar does not know how to behave in response to positive US economic data release, the yen reacts quite predictably. The release of strong data on US PMI and employment could have two consequences. The first one is a growth of stock indices, which is harmful to the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/ciGU