Kuroda Optimistic: USD/JPY, EUR/JPY, GBP/JPY Holding at Key Levels

Kuroda: BoJ gov. Haruhiko Kuroda expressed optimism that the Japanese economy will stabilize overtime, and attributes part of that to the easy monetary policy as well as to the softening of Japanese yen in the past year, which helped exports. Let’s take a look at USD/JPY, EUR/JPY and GBP/JPY as they consolidate just below some key resistance factors. USD/JPY 4H chart 6/21/2013 9:25AM EDT The 4H USD/JPY chart shows a market that has stalled after rallying sharply on the back of the FOMC policy

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