USD/JPY: “bearish” trend develops

Forex analytics: Current trendOn Tuesday, the American currency continued declining, being pushed down again by negative macroeconomic releases. Moreover, weak statistics lower the chances that the Fed would hike interest rates before the year is out.Thus, on Monday, New Home Sales Change reported an 11.5% fall in September from a 5.2%growth in the previous month, while just a 0.4% decline was expected. On ...