Ransquawk

Interestingly in terms of technical but also fundamentals looks the USD/JPY pair. As for the fundaments, next to the policy, the growing interest rates are the main factor strengthening the dollar. After recent, great data from the local labour market, there were voices that the process of raising interest rates should continue until mid-2019. The technique should also support buyers. Since the end of March, we have an upward trend, and the correction started in mid-July has reached the same range as the previous downward movement. The end of August brought a boost. It is currently in a correction but it seems that one can expect another upward movement.

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