Pashabxl

USDJPY: Range trading continues

FX:USDJPY   U.S. Dollar / Japanese Yen
With FED's current policy and without any change in the interest rate from FED or BoJ, we are in a range trade where would buy at 101.2 and you sell around 103. Unless BoJ announces a change of policy and until FEd's increased its interest rate, we may be stuck in the range trade. However please bare in mind that when FEd will increase its interest rate, the equilibrium may very much change.
Keep in mind that BoJ is also about to announce for the end of the year its inflation target which is about 2% Therefore the timing of the announcement concerning interest rate increase of BoJ and FEd in very much important. This may put an end to range trade which now is an easy money game ;-)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out