OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/JPY likely to consolidate – Kshitij Consultancy

FXStreet (Barcelona) - According to the Analysts at Kshitij Consultancy Services, the USD/JPY rally has stopped for now, and is looking to consolidate over a medium term.

Key Quotes

“As expected the 118-handle on Yen (117.81) has stopped the Dollar-Yen rally for now. We expect this area to be much difficult to cross, and Yen is more likely to consolidate in a broad range for medium term. Unless something radical on fundamentals front like Japanese election results, we are likely to have seen the bulk of the Yen-depreciation for now.”

Inflation trends will play a pivot role in US policy decisions - Nomura

Research Analysts at Nomura note that as economic activity picks up and the labor market continues to tighten in the US, inflation trends will play an important and growing role in monetary policy decisions.
Read more Previous

Future progress of Abenomics doubted – DBS

According to the DBS Research Team, after the credit rating scare, doubts about the future of Abenomics have increased with the recently announced elections.
Read more Next
Start livechat