Forecast for USD/JPY on May 19, 2020

USD/JPY The Japanese currency is in a very difficult position; The dollar index fell 0.75% on Monday, while Japan’s GDP for the first quarter showed a decline of -0.9% after -1.9% in the fourth quarter, which indicates Japan’s official recession, but stock indices were growing. The Nikkei 225 adds 1.88% in the Asian session today. […]