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Yen Wobbles Briefly as Japan Takes Axe to 3Q GDP

Talking Points Third quarter Japanese GDP data were revised sharply lower On-year, growth was 1.3%, official figures showed, down from 2.2% initially FX action was limited, news of new methodology may have drawn the numbers’ sting The Japanese Yen initially lost a little ground to the US Dollar on Thursday as Japanese growth data disappointed […]

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USD/JPY Bullish Pattern Persists as Japan Officials Favor BoJ-Easing

Talking Points: – USD/JPY Continues to Carve Bullish Pattern as Japanese Officials Favor BoJ-Easing. – USDOLLAR Extends Advance as Fed Officials Boost Rate-Expectations; Governor Brainard in Focus. Avoid the pitfalls of trading by steering clear of classic mistakes. Review these principles in the “Traits of Successful Traders“ series. USD/JPY Chart – Created Using FXCM Marketscope […]