USD/JPY Risks Larger Pullback on Dismal US GDP, Sticky Japan CPI

Despite the 2015 Fed liftoff, USD/JPY stands at risk of facing range-bound prices in the week ahead as the final U.S. 3Q Gross Domestic Product (GDP) report is anticipated to show a downward revision in the growth rate, while the Bank of Japan (BoJ) largely endorses a wait-and-see approach for 2016.


from DailyFX - Forex Market News http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2015/12/18/USDJPY-Risks-Larger-Pullback-on-Dismal-US-GDP-Sticky-Japan-CPI.html?DFXfeeds=forex:fundamental:forecast:weekly:jpy