The Yen Updated
(WorldNews Japan)

The Yen is progressing bullishly despite recent downside pressure. Many traders could be negative on the Yen longer term, based on the Japanese Central Banks attempts to ignite inflation, yet the rate of GDP growth has doubled since the last release, and there is `some inflation` developing in the long term chart. The issue for Japan is one of the scale of government debt, but so far that hasn`t been much of a hindrance to their economy. In my last article the expectation was for a short term rise into a `butterfly` stock chart pattern, leading to a minor correction. That has been confirmed, and trading looks as though it could now be in the early stages of a bullish reversal. Trading...