Monday, December 20, 2010

JPY: By year-end issue of strengthening yen, slightly faded

The Bank of Japan do not expect fresh allegations after the meeting, which will take place early in the week. The solution will be announced on Tuesday. When approaching the end of the year the issue of strengthening the yen slightly receded into the background. A pair of EUR / JPY weakened throughout much of last week, is currently flirting with the break below 110.00. In fact, the spreads of short-term interest rates moved the Japanese yen over the last six weeks or so, while more konsolidativny tone of U.S. interest rates supported the reduction of volatility in the pair USD / JPY. Currently, there are good reasons to think that there are stronger risk inverventsy Swiss franc in early 2011.


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