USD/JPY: The Yen is under pressure. Fundamental analysis for 27.07.2016

Forex analytics: After the press about the plan of the Japanese Prime-Minister to launch economic stimulus program for 28 trillion yen on 2 August, the pair USD/JPY soared up to the level of 106.50. Japanese stock index Nikkei Stock Average rose by 1.7% up to 16664.00 points at the end of the Asian session. This is going to be one of the most extensive measures to stimulate economy of the country over three and ...