Japanese Yen Selling to Continue as Dollar, Stocks Decouple (Daily FX)
Japanese Yen Selling to Continue as Dollar, Stocks Decouple Fundamental Forecast for Japanese Yen: Bearish – Manufacturing Shows Signs of Weakness as Fiscal Boost Wanes – Bank of Japan Announces New Lending at Special Policy Meeting – Third-Quarter Capital Spending Falls by Most on Record – Japan to Announce New, Budget and Yields Neutral Stimulus Plan The Japanese Yen was the worst performing currency against the US Dollar in the aftermath of a shockingly upbeat November US jobs report, losing 2.5% on Friday alone and registering a 4.5% decline on the week.
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Japanese Yen Selling to Continue as Dollar, Stocks Decouple (Daily FX)
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