June 16, 2016. The JPY is the strongest. The CAD is the weakest.
BOJ kept rates unchanged. The stock markets are lower. The JPY pairs
all have declined. that makes the JPY the weakest currency in the
The USDJPY fell below the trend line, and was kicked lower on the BOJ decision falling all the way to 103.53. The 104.65 will be watched as resistance (see chart below). It is the 38.2% of the move down.
The ranges and changes are all up
there. The Fed and anxiety of Brexit, stocks, economies, etc have
increased the activity in markets that might be low on liquidity.