Throughout last week's trading, the price of the $USDJPY currency pair attempted an upward rebound. Forex Trading
USD/JPY Technical Analysis: Bulls' Attempt to Take Control AgainSubscribeWe commit to never sharing or selling your personal informationattempted an upward rebound. The bulls did not gain momentum to overcome the resistance 140.75.
Bank of Japan Governor Haruhiko Kuroda said he will monitor both upside and downside risks as the BoJ continues with monetary easing, comments that are likely to support continued speculation on policy adjustments in the long term Meanwhile, Kuroda indicated that he remains very wary of the economic downturn by highlighting downside risks - which will mainly matter in the global economy, given rising inflation in the US and Europe, and aggressive tightening around the world. This indicates that his view is weighted more towards the downside.
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