USDJPY risk-on

28 במאי 2017

Yen continues to prove its strength as political risks drives investments into Japanese bonds and may outperform the US-Dollar in the short term in the build up to the FOMC. Should the Fed raise rates, the yen could be subjected to selling pressure as the rate differential widens. Abatement of political risks needed to curb Yen strength. Upcoming support level at 109.35