USDJPY? recap

44


Made a call 145.000

Now 144.200


It did went up.. but 145.000 cannot stand pressure


IN THE NEWS

Finance Minister talked about possible increase in rates in the +ve territory

Note the word POSSIBLE


Speculation started since then.. next coming months we'll have stronger YEN.


My 2c point: Market moves on SPECULATION ; especially by head of government/governor speeches.



All the best

Not a guru


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