Yen Runs to Resistance as Stimulus Bets Continue to Price-Out

The Japanese Yen has been quite the volatile currency of recent. After the Brexit referendum drove the Yen to fresh highs as risk aversion permeated through global markets, a two-week bout of weakness in the currency threatened to pose a longer-term reversal on the prospect of an even more enhanced stimulus package coming out of the Bank of Japan.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2016/08/13/Yen-Runs-to-Resistance-as-Stimulus-Bets-Continue-to-Price-Out-tofJS.html?DFXfeeds=forex:fundamental:forecast:weekly:jpy