The Japanese yen rebounded in spectacular fashion last week, as USD/JPY plunged 470 points. The pair closed at 116.78. The upcoming week has seven events. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. The yen jumped on the dollar-selloff bandwagon last week, which followed a disappointing Services PMI out of the US. Weak US […]
