Trading news

Expert's opinion from FXFinPro

We expect growth in USD / JPY

Today was published statistics on industrial production in Japan, which in April rose by 0.3% against growth of 3.8% in the previous period. It is worth noting that analysts had forecasted a decline by 1.4%. On an annual basis, industrial production fell by 3.5%. According to the forecasts, the growth rate in May will be 2.2%. The negative impact on the index had an earthquake in the middle of April. According to our estimates, the Bank of Japan will continue to stimulate the growth of inflation in the country, together with the tightening of monetary policy in the US will lead to an increase in USD/JPY to 114.70, 116.60 in the coming months.


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

 

Tuesday, 31 May, 2016 / 1:48

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

Source :

Trading news

 

Will the indicators bring chance to the USD bulls?

The United States will publish the indicators of retail sales and core retail [...]

Posted on Tuesday, 15 Oct, 2019 / 10:40 under

Equities Slip As Trade Deal Sours

There were signs of disappointment as the US and China trade deal soured [...]

Posted on Tuesday, 15 Oct, 2019 / 9:44 under

Sterling jumps on Brexit hopes; Trump sanctions Turkey

  Pound shoots up on hopes for a Brexit deal this [...]

Posted on Tuesday, 15 Oct, 2019 / 9:18 under