Buy The Story, Sell The Fact: 4 Reasons For USD/JPY To Reverse Gains S/T – BofA Merrill

With the event risk of the Japanese lower House elections out of the way, USD/JPY could be vulnerable to reserve some of its gains in the short term, says Bank of America Merrill Lynch. BofA outlines 4 main reasons behind this call: First: sentiment has reached bearish JPY extremes (DSI is…

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Buy The Story, Sell The Fact: 4 Reasons For USD/JPY To Reverse Gains S/T – BofA Merrill