Expert's opinion from FXFinPro

Monday, 28/12/2015 | 11:09 GMT-0

Disclaimer

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

Disclaimer

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}