FxGrow Daily Technical Analysis – 06th Sept, 2016
By FxGrow Research & Analysis Team
The Japanese yen loses ground after kuroda comments
The yen was near one month low against the dollar and the USDJPY is now steadied around 103.55 as Kuroda acknowledges to expand stimulus. The USDJPY gained traction after Kuroda's speech on Monday signaling that the BOJ is going to expand the massive stimulus programme at its next meeting on September 20, and breaking 103.75 will pave its way toward 104.05 and 104.55.
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