HelenRush
Короткая

Why It's Time to Buy Yen

FX_IDC:USDJPY   Доллар США / Японская иена
61 просмотров
2
61 0
The market has focused on the key issue - the tone of central bankers' comments. That's why we have seen euro and pound rising, while yen falling against US dollar .

The ECB and the BOE adopted a more hawkish position than the market expected, the Fed didn't surprise by the words "gradual rate increase", and the BOJ keep saying it's too early to remove the stimulus.

However, the USD/JPY moves on Thursday make us think the reversal is coming. Weaker than expected GDP Price Index coupled with decreasing Personal Consumption Expenditures point to a subdued inflation pressure. And it means the Fed has no reason to rush with further rate increases.

On Friday, we gonna see a series of reports from Japan and the USA. Stronger Japanese inflation coupled with weaker Chicago PMI and Personal Spending from the US may support the USD/JPY selloff with the nearest target at 111.00 once 111.70 support is broken.

Домой Скринер акций Скринер форекс Скринер криптовалют Экономический календарь О проекте Особенности Цены Правила поведения Модераторы Решения для сайтов и брокеров Виджеты Графики TradingView для сайтов Помощь и поддержка Отзывы и предложения Блог и новости ЧаВо Wiki Твиттер
Профиль Настройка профиля Счёт и оплата Помощь и поддержка Опубликовано идей Подписчики Подписан Личные сообщения Чат Выйти