The past week's trading after the BOJ moved aggressively with their combined monetary policy that triggered a rapid rise with the USDJPY and succeeding major reports coming from the US jobs data and ECB Mario Draghi's comments not to mention Fed Chairman Ben Bernanke; has made the forex market vulnerable in both directions. These are the major factors which the FX market has evolved in so far. No real market change as of now except that the market has maintained it posture within thier respective price parameters. Exept for the USDJPY, of course!
Relatively, our market call dated the 1st of April came through with the overall market price action at first glance favoring the USD because of how the Yen traded. But prices lingered thereafter with the US Dollar pullback lower and currently continuing to work @82.39 basis point to this writing.
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