Forex technical analysis: USDJPY trades back below 200 day MA - ConsultFX

Forex technical analysis: USDJPY trades back below 200 day MA

Tumble today continues on BOJ The BOJ trimmed the bond purchases in trading yesterday. That got bond yields moving higher and a run higher in the JPY (lower USDJPY). That trend continued today will an extra boost from some dollar selling on concerns China might curtail US bond buying (does not see value). Copyright 2015 Forexlive.com