Forecast for USD/JPY on June 17, 2020
USD/JPY Japanese investors were very disappointed with economic indicators this morning: the trade balance for May reached -0.60 trillion. yen against expectations of -0.16 trillion. The situation is even worse when considering export and import: exports fell to -28.3% y/y, imports to -26.2% y/y. As a result, the Japanese stock index Nikkei 225 is losing […]