Abenomics .. Japanese deflationary torpor . .

Japan’s economy struggling to escape its deflationary torpor, the economic-revitalization plan that Prime Minister Shinzo Abe launched in 2012 has come under growing scrutiny . Japanese equities has plunged from the huge interest of buying the currency from different sources, for example  the Chicago Mercantile Exchange shows substantial interest in the yen.  The yen has … More Abenomics .. Japanese deflationary torpor . .

Japanese Yen Gains, Nikkei Falls as BOJ Leaves Policy Unchanged

    The Japanese Yen rose against the US Dollar while the Nikkei 225 benchmark stock index declined after the Bank of Japan maintained the target annual increase in the monetary base unchanged at ¥80 trillion, as expected. The central bank said it will continue QQE until stable 2 percent inflation is maintained. Interestingly, the … More Japanese Yen Gains, Nikkei Falls as BOJ Leaves Policy Unchanged


Technical Outlooks For USD/JPY – SEB technical forecast for USD/JPY for telling the following: ‘below 122.65/45 would target 121.60’. It means that SEB is predicting the price to be bounced from Fibo resistance level at 123.63 with 23.6% Fibo target at 121.86. Anyway, there are the following scenarios for the price movement concerning the key … More USD/JPY TECHNICAL 4H