BECKHAM
21-03-2015, 12:42 AM
In light of the market reaction to the Federal Open Market Committee’s (FOMC) March 18 meeting (http://www.dailyfx.com/forex/video/live_events/2015/03/18/-Dollar-Volumes-Surge-as-Currency-Collapses-Post-FOMC.html?CMP=SFS-70160000000NbUBAA0), the fundamental developments coming out of the world’s largest economy may continue to dictate the near-term price action for USD/JPY as Janet Yellen and Co. shows a greater willingness to retain the zero-interest rate policy (ZIRP) beyond mid-2015.
FOR MORE ... (http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2015/03/20/USDJPY-Fails-to-Retain-Bullish-Momentum-Ahead-of-US-CPI-4Q-GDP.html?DFXfeeds=forex:fundamental:forecast:weekl y:jpy)
FOR MORE ... (http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2015/03/20/USDJPY-Fails-to-Retain-Bullish-Momentum-Ahead-of-US-CPI-4Q-GDP.html?DFXfeeds=forex:fundamental:forecast:weekl y:jpy)