USD/JPY - the japanese Yen one of the most traded currencies as a result of its low interest rate since the Yen is used in carry trades. Off-recent the Bank of Japan has expanded their purchase of Yen, In an attempt to drift deflation tide to inflation. probably a step to improve the efficiency of the Yen, multiplying this money supply is rendering the Yen inefficiency , elevating exports; but, increasing prices of imports at the same time, especially for commodities. A look at public sentiment of USD/JPY
| Symbol | LastWeek | Present | %Long | Change: Open Interest | Signals | |
|---|---|---|---|---|---|---|
| USD/JPY | 2.22 | 2.41 | 71% | 3.0% | Bearish |
