USD/JPY: There Is A Pattern For Price Action When Snap Elections Are Called – BTMU
October 01, 2017 at 04:28 AM EDT
BTMU FX Strategy Research notes that USD/JPY tends to rise when snap elections are called, correlated to the Nikkei stock price index. BTMU is neutral on USD/JPY around current levels seeing the pair trading in 111.50-114-50 range in the near-term.