Strategy Video: What's Driving USD/JPY and the Yen Crosses? HD
• USD/JPY extended one of its biggest two-day rallies since the BoJ announcement of the QQE upgrade • The conviction of a Yen cross reversal is tepid technically and unstable fundamentally • We look at the risk, carry and intervention contributions to the direction of the Yen crosses Read the full article here: https://www.dailyfx.com/forex/video/live_events/2016/05/11/-Strategy-Video-Whats-Driving-USDJPY-and-the-Yen-Crosses.html