USD/JPY Forecast: USD Pulls Back From the 50 Day EMA

  • The US dollar has pulled back from the 50 Day EMA against the Japanese yen in trading on Thursday as we wait for the Non-Farm Payroll numbers.
  • This announcement could be a major moment of clarity for the market, because quite frankly most people are betting as to whether or not central banks will continue to tighten monetary policy.
  • What I find most astounding is that you actually believe that Federal Reserve officials are lying when they say that they will continue to fight inflation.

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