Hi, guys. It looks we
are going to have a pretty interesting week in Forex market. The key event will
probably be Bank of Japan rate decision, particularly Bank of Japan governor
Kuroda press conference after interest rate decision. You can see that Yen fell
sharply for the last few days after rising for about a week. It shows that
market is positioning for dovish stand from the Bank of Japan. Today we saw
some mildly bullish news coming from the country when Japan Gross Domestic
product came in better than expected. Market will concentrate on that for the
time being. I will post updates on all the week tomorrow after this key event
has passed. See you then.
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