bullish
Things to Watch In Asia Pacific FX
SUMMARY
- Friday's market close marked an impulse Dollar reversal pattern (we await confirmation) despite weaker NFP, lower wage growth, and inflation figures.
- The DM currencies were the last to decline against the Dollar, led by Euro and GBP. USDJPY made a low on March 24 and has since made higher lows.
- USDJPY made a low on March 24 and has since made higher lows. Despite the expectations, BoJ will ease the Yield Curve Control policy, leading to higher Yen rates and a stronger Yen.
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