GBP/JPY short-term and intermediate directions continue to point lower. - GBP/JPY continues to display some element of congestion; but once resolved, GBP/JPY looks ready to stage a ‘big move’. - If you’re looking for trading ideas, check …
Our last piece highlighted the surprising outright political focus that Japan’s Chief Cabinet Secretary Yoshihide Suga gave to the JPY, which seemed to renew the Currency War rhetoric. A currency war develops when governments and central …
Investing.com - The dollar slipped against the yen on Friday as global stock markets continued to fall on fears emerging markets are cooling, though solid U.S. economic indicators cushioned the greenback's losses. In U.S. trading, …