Trading news

Expert's opinion from FXFinPro

Data from Japan disappointed investors
Today was published important statistics on the volume of industrial production in Japan in November. Thus, the index fell by 1.0% against the previous month. Analysts predicted contraction by only 0.4%. At the same time, retail sales for the year fell by 1.0%, which is 0.9% worse than expected figure. We maintain a medium-term negative outlook on the yen and forecast growth of USD/JPY to levels of 124.50 and 125.70 in the next month on a stronger US dollar and the loose monetary policy of the Bank of Japan.

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

Monday, 28 Dec, 2015 / 11:09

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

Source :

Trading news

 

US stimulus deal moves closer, Brexit talks ‘go backwards’

  Stocks at records or near highs as US Republicans change tune on [...]

Posted on Friday, 04 Dec, 2020 / 10:38 under

Bulls remain in control despite Brexit tensions – GBP/USD Market Outlook – 04/12/2020

The pound resumed its overall bullish trend, reaching our 1.3450 target, [...]

Posted on Friday, 04 Dec, 2020 / 8:59 under

DOW remains torn between good and bad news – DOW JONES Market Outlook – 04/12/2020

Another lackluster session is expected today for the Dow Jones stock index [...]

Posted on Friday, 04 Dec, 2020 / 8:58 under