Trading news

Expert's opinion from FXFinPro

The fall of the Japanese yen will continue

Today, the volatility of the Japanese yen rose, despite a decline in investors’ activity, which is associated with the celebration of Thanksgiving Day in the United States. The reason for the activity growth was the news about reduction of unemployment to its lowest level in nearly 20 years to 3.1%. Statistics on household expenditure, which decreased by 2.4% in October have disappointed investors, while core inflation was -0.1% compared with the same period last year, due to low energy prices. On Monday,we should pay attention to the data on the industry, which can support the yen. Despite this, we expect the fall of the Japanese currency against the US dollar by 3-5% in the coming months due to the expected tightening of monetary policy of the Fed.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Friday, 27 Nov, 2015 / 1:53

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

USDCAD 5-Wave Impulse To Complete Triple Zigzag

The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]

Posted on Wednesday, 27 Jan, 2021 / 12:54 under

Republicans U-Turn On Trump Impeachment

Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as [...]

Posted on Wednesday, 27 Jan, 2021 / 12:53 under

OIL breaking higher after a surprise drawdown in API inventories – US OIL Market Outlook – 27/01/2021

WTI Crude breached our line in the sand resistance level at $52.60 to reach [...]

Posted on Wednesday, 27 Jan, 2021 / 9:26 under