2020 Olympics & The Japanese Economy
With the 2020 Olympics kicking off after a year-long delay, just how much of a [...]
Trading news
Expert's opinion from FXFinPro
We forecast USD/JPY growth in the coming months
Today the head of the Bank of Japan Haruhiko Kuroda delivered a speech in the parliament and said that global markets remain volatile due to low oil prices. The Japanese economy continues to recover moderately. Mr. Kuroda also said about the positive effect of negative rates of the Bank of Japan. According to our estimates, the price of USD/JPY has significant potential for growth in the near future and we recommend to accumulate long positions with growth potential to 118,80, 121,50 and 124,50. Our medium-term outlook for the USD/JPY remains positive.
More detailed analytics you can see at our site https://fxfinpro.com/en/analytics
Monday, 22 Feb, 2016 / 12:40
Trading news
Fed, Inflation, And The Housing Bubble
Yesterday, the US’ second-largest homebuilder, D.R. Horton, announced [...]
Stormy week ends with US stocks at record highs
Nasdaq 100 closes at new record as investors warm up to tech [...]
