Currency of the Week: The yen depends on the Donald [Video]

Currency of the Week: The yen depends on the Donald

USD/JPY has risen quite a bit, with Kuroda and co. smiling quietly, especially as Japan has also become more competitive against the big rival, China. However, with little scope for new policy measures that matter in Japan, the next moves of USD/JPY depend on the Donald: both via his fiscal action and the FED reaction. At the middle of the 98 to 125 range, where will the pair go to? We take a look at the charts.

A video focusing on the yen:

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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