USD/JPY Moves Down, Focus on BOJ Policy

by Benzinga Staff
September 19, 2016 6:10 AM | 20 seconds read | Make a Comment

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

USD/JPY is trading at 101.81, down 0.46.The pair is trading just above the session lows. Market chatter about global headline news, money flows and Bank of Japan monetary policy is making the rounds. The Bank of Japan (BOJ) interest rate decision and statement are due out Tuesday evening. The announcement will be followed by a press conference held by Bank of Japan Governor Haruhiko Kuroda.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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