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USD/JPY Outlook: Bulls Tighten Grip as Pessimism Over e War Dominates, Risk of 120+ Acceleration

Started by PocketOption, Mar 18, 2022, 03:44 pm

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PocketOption

USD/JPY Outlook: Bulls Tighten Grip as Pessimism Over e War Dominates, Risk of 120+ Acceleration

The USDJPY regained traction and probes again above 119.00 barrier, driven by fresh safe-haven buying on renewed pessimism over the crisis in e, while yen was deflated by dovish BOJ. The Japanese central bank kept rates unchanged and maintained massive stimulus due to very high uncertainty over e that warns of growth risk. Break of […]


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