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

 

India and China’s markets show signs of recovery

By Giles Coghlan, Chief Currency Analyst at HYCM Gold demand from India has [...]

Posted on Monday, 10 Aug, 2020 / 8:34 under

DOW higher amid stronger NFP and Trump’s executive orders – DOW JONES Market Outlook – 10/08/2020

Better than expected Non-Farm Payrolls (Jul) and Unemployment data released on [...]

Posted on Monday, 10 Aug, 2020 / 7:22 under

Euro might pullback further amid USD recovery – EUR/USD Market Outlook – 10/08/2020

The Euro dropped below 1.18 after the biggest single-day loss in over four [...]

Posted on Monday, 10 Aug, 2020 / 7:20 under