OctaFX | OctaFX Forex Broker
Open trading account

Ex-BoJ’s Hayakawa: Japan could enter recession as early as fall 2019, USD/JPY to hit 80s

Speaking in an interview with Bloomberg, Hideo Hayakawa, a former Bank of Japan (BoJ) Chief Economist, expressed his view on the USD/JPY pair going forward.

Key Headlines:

If Japan enters a recession, USD/JPY … "I don't think it will hit the 70s but the 80s is quite likely". 

The country could enter a recession as early as the fall of 2019.

$Oil lagging on the tail end, WTI knocking back into $52.00

Oil prices have gone cautious for Thursday, with WTI ticking down towards 51.80 on rising US stock supplies. Although demand for crude oil continues t
Read more Previous

USD/CNH Technical Analysis: 200-day MA support could be tested after bear flag breakdown

The USD/CNH pair has created a bear flag - a bearish continuation pattern - on the hourly chart. Essentially, it is a pause that often ends up refresh
Read more Next
Start livechat