Thursday, December 2, 2010

JPY: formed all the more reason for the further growth of the pair USD / JPY

USD / JPY pair is slightly increased during the night, but now retraced to 84, so that trade was again relatively boring. Nevertheless, it would be rather surprising if the USD / JPY pair did not start to attract more attention to what is quickly becoming apparent favorable basis for further improving the pair. It is obvious that the U.S. economy shows decent growth in the year-end, while there are obvious concerns that the Japanese economy may be slipping back into recession. If tomorrow's employment data in the U.S. once again delight, then, as we expect the dollar will clearly benefit from the. Tensions on the Korean peninsula helping the dollar at this point more than the yen.


Translate this page

Search This Blog