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USD/JPY slips after BOJ fires warning shot and a rethink on Trump dollar policy
More and more people are right now commenting on what Trump might now do with the strong dollar. It has been well-documented; that Trump is not happy with a strong dollar and that is something that is getting a little more airtime right now as he delivers his victory speech from West Palm Beach. So, it remains to be seen if that will be a policy that he pursues. For the time being this does seem to have tempered the overnight rise in the US dollar. Also, not long ago we got some fresh Jaw-boning from Japanese officials and that has helped to push the USD/JPY back underneath the 154 handle. The EUR/USD has rebounded a little more for the same reason perhaps? The USD/JPY is currently trading at 153.90
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