Trading news

Expert's opinion from FXFinPro

Industrial production in Japan fell by 6.2%

Today have been published important data on industrial production in Japan, which fell by 6.2% in February, against a growth by 3.7% in January. It is worth noting that analysts had forecasted a decline by only 5.8%. Despite this statistic, the yen was higher against the US dollar. The main reason for such dynamics has become soft rhetoric of the Fed chief regarding the increase in US interest rates. According to our estimates, the growth potential is limited and we are waiting for the resumption of the negative dynamics of the yen with the potential of decline by 6-8% in the coming months.

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

 

Wednesday, 30 Mar, 2016 / 12:31

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

Source :

Trading news

 

Cautious optimism as US stimulus and Brexit talks hang in the balance

  Pelosi sets new deadline for reaching fiscal stimulus deal; US [...]

Posted on Monday, 19 Oct, 2020 / 12:13 under

EUR/USD Consolidating: Elections are Two Weeks Away

Author: Dmitriy Gurkovskiy, Chief Analyst at RoboForexOn Monday, October 19th, [...]

Posted on Monday, 19 Oct, 2020 / 11:40 under

Start the week with fresh analytics!

The market is resilient ahead of the speeches of Fed’s Powell and ECB [...]

Posted on Monday, 19 Oct, 2020 / 10:45 under