January, 20 - be on the lookout for JPY surges and falls

 

 

With good sense comes a habit to follow assets that are going to give us troubles in the future. And that is exactly what I am doing today. I am following JPY ahead of a very important report that we are going to see tomorrow.

 

usdjpy 20.01.2020

 

Bank of Japan has been teasing us with monetary policy changes for a long time now and that was very annoying. It is clear that the policies there need some serious adjustment because it has been talked about for so long. But, we also know that every monetary policy and interest rate alteration comes with rapid and very often unwelcome changes from the chart.

 

If Japan is going to rise their interest level, this means that economy needs a boost and will trigger a serious selloff from traders.

 

If the country’s interest rates are lowered, then all is fine and we can invest into JPY more heavily, taking the chart lower. Which one will it ultimately be we will find out tomorrow, so be on alert.

 

Trading signals are going to help you with the task.

 

 

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