USDJPY looking to find support

2019-12-09 15:48:51

The US CPI figures and Retail data points should give the USD a boost if they come out as expected.
The last FOMC meeting also comes with economic projections for 2020 and this is where the USDJPY could find the momentum to rise.
If the UK elections go as currently forecasted with a Conservative majority, the Japanese yen should not be the go-to safe haven, leaving any positive news out of the US as a catalyst for the rise in USDJPY.