Kuroda Screws the Pooch As Usual

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If there’s one thing the people of Japan can count on, it’s their Yellen equivalent screwing up whatever he tries………

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The USD/JPY has been trapped in its “Fibonacci prison” (yellow tint) for many months now, but with all his bungling, Kuroda may well shove it into the next range down, shown in green. I know you can do it, Haruhiko-san! I’m with ya, buddy!

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