Trading news

Expert's opinion from FXFinPro

The Bank of Japan decided on negative interest rates

The price of the Japanese yen fell sharply today in connection with the decision of the Bank of Japan on further easing monetary policy. Thus, the volume of asset purchases for the year remains at 80 trillion yen in the year, but at a meeting of the central bank of Japan 5 votes against 4 were given for lowering the interest rate to -0.10%. This step should lead to the achievement of the inflation target of 2.0% in the first half of 2017 and to support the domestic consumption. We anticipate continued growth of USD/JPY in the medium term and in the near future with the potential of reaching 128,00-130,00.

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

Friday, 29 Jan, 2016 / 1:21

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

Source :

Trading news

 

USD the Main G10 Winner, New UK Prime Minister to be Announced

The dollar gained against all the other G10 currencies, perhaps as investors [...]

Posted on Tuesday, 23 Jul, 2019 / 7:57 under

USD Rises To A One-Week High

The US dollar was seen nearing a one-week high earlier today. The gains in the [...]

Posted on Tuesday, 23 Jul, 2019 / 7:56 under

Forex: EURUSD Could Breakout on the ECB Rate Meeting This Thursday - ATFX

Forex: EURUSD Could Breakout on the ECB Rate Meeting This Thursday - ATFX For [...]

Posted on Tuesday, 23 Jul, 2019 / 3:17 under