FxWirePro: Yen falls against major peers after BOJ minutes
USD/JPY is currently trading around 101.27 marks. It made intraday high at 101.34 and low at 100.85 levels. Intraday bias remains bullish till the time pair holds key support at 100.67 levels. A daily close above 101.76 …
It made intraday high at 101.34 and low at 100.85 levels.
Intraday bias remains bullish till the time pair holds key support at 100.67 levels.
A daily close above 101.76 will take the parity higher towards key resistances around 102.68, 103.39, 105.50, 106.12, 106.72, 107.49, 107.90 and 109.13 levels respectively.
On the other side, a sustained break below 100.67 will drag the parity down towards key supports at 99.99, 99.27 and 98.78 levels respectively.
BOJ Minutes: Members shared view that inflation expectations had weakened recently but appeared to be rising on whole from long-term perspective.
BOJ Minutes: One member said marginal effects of QQE had been diminishing.
BOJ Minutes: One member said BOJ should modify JGB purchases as economy is no longer deflationary.
BOJ Minutes: One member said BOJ policy has already shifted to interest rates from quantitative aspect of policy.
