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