Dollar Versus Yen and Kiwi March 16th

FX Strategy Video > Currency Pairs Analysis

USD/JPY fell a bit during the session on Thursday, finally pulling back a bit from the 84 level. At this point, 85 looks like a given, and we are trading it that way. The BoJ continues to work against the value of the Yen, and it looks like they are finally getting their way.

NZD/USD bounced during the session, and recaptured most of the losses from the previous session. With this action, it looks like we are going to be buying again.

Published on 15th of March 2012
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