USDJPY Technical Analysis: When Should You Sell?
Enter your emailThe Japanese yen's decline continued this week, despite optimism about the world's third largest economy.
On Friday, the Japanese government reported that home construction rose at a less-than-expected 3.7%, lower than the median estimate of 7.1%. Building orders were consistent. Meanwhile, Tokyo raised its monthly view of the economy for the first time in 17 months, indicating that officials are confident of economic recovery, although risks from the Omicron variant remain elevated.
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