FXStreet — analysts at Scotiabank agree that the JPY is consolidating in a narrow Range.
«The General mood remains dominant, and we see only a limited impact of the Moody’s Downgrades on China.»
«Kuroda had no discernible impact on JPY, and up to the Friday CPI for April, there is no important publications.»
«The short-term risk is the release of the FOMC meeting minutes.»
** FXStreet News Editorial, FXStreet**