JPY looks oversold here, good chance to buy in.
JPY has been sold because the Japanese need to buy oil with dollars and because they do not experience the same inflation as elsewhere and therefore do not need to raise rates immediately, it looks however as if it has gone too far.
JPY has been sold because the Japanese need to buy oil with dollars and because they do not experience the same inflation as elsewhere and therefore do not need to raise rates immediately, it looks however as if it has gone too far.