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USD/JPY pushed above 111.50 for a second day but was rejected from its highs and settled around 111. The BoJ kept rates on hold and trimmed its inflation forecasts slightly.
The article notes that equity rallies sparked by easing French political fears and Trump's tax plan were weakening safe-haven demand for the yen.
The analysis sees the yen's direction as set by haven demand, with a forecast move toward 112.50 if the dollar strengthens. This is currency analysis without a direct link to feed commodity prices.
exchangerates.org.ukFrançois AuréApr 28, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
