Home / FOREX / FOREX-Yen hits one-month high as factory data dents dollar

FOREX-Yen hits one-month high as factory data dents dollar

The yen shot to a one-month high against the dollar on Tuesday after softer-than-expected U.S. manufacturing data prompted investors to sell the greenback.

But further gains for the Japanese currency could be limited as investors wait to see what the Bank of Japan (BOJ) will deliver at its April 3-4 policy meeting.

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Traders often fail because they don’t learn from mistakes. Keep a diary of trades to discover what works and what doesn’t.   Setting limit orders and stop/loss orders takes emotion out of the equation and ensures trading discipline.   Trade small amounts when you are a beginner. Grow your account balance through profits, not deposits. ...