Japanese Yen Continues to Weaken

JPY/USD

The Japanese Yen remains the weakest major currency, continuing to fall as the Bank of Japan avoids any non-verbal intervention while the Yen continues to depreciate. Yesterday, the USD/JPY currency pair made a new 7-month high above ¥144.50. 

Trend traders will remain interested in being short of the Japanese Yen, which reached a multi-year low yesterday against the Euro. The Governor of the Bank of Japan has defended his ultra-loose monetary policy by pointing out that underlying inflation remains below the Bank’s 2% inflation target, although the headline rate is now above 3%.

Asian stock markets have mostly traded lower over the past day, with the Hang Seng Index closing firmly lower while the Nikkei 225 Index is up very slightly.

In the Forex market, the Australian Dollar has been the strongest major currency over the Asian session, while the Swiss Franc has been the weakest. The US Dollar is continuing to rise today after rallying yesterday, with the Dollar Index beginning to suggest it may soon establish a new long-term bullish trend technically.

Cocoa futures continue to rise to new multi-year highs, attracting trend traders on the long side. The move is driven by strong demand and poor harvests in parts of Africa.

Bitcoin can still not decisively break above the key resistance level at $30,534. A major bearish reversal will become more likely if this level continues to hold.

There will be releases today of US Final GDP data (expected to show an annualized GDP increase rate of 1.4%) and unemployment claims.

There will be a release today of German Preliminary CPI (inflation) data which is expected to show a month-on-month increase of 0.2%.

Ready to start trading the Forex markets? Enjoy free yet reliable Forex trading signals here.

This Post Has 212 Comments

  1. Tonic Greens reviews

    I definitely wanted to write down a brief comment so as to thank you for the precious items you are sharing here. My time intensive internet lookup has at the end of the day been paid with brilliant details to talk about with my family members. I would believe that most of us website visitors actually are quite blessed to live in a very good place with very many outstanding individuals with interesting guidelines. I feel very much lucky to have used the website and look forward to really more pleasurable minutes reading here. Thanks a lot again for all the details.

  2. Tonic Greens

    I have been surfing on-line greater than three hours as of late, but I never found any fascinating article like yours. It’s beautiful worth sufficient for me. Personally, if all website owners and bloggers made excellent content as you probably did, the web might be a lot more useful than ever before. “When you are content to be simply yourself and don’t compare or compete, everybody will respect you.” by Lao Tzu.

  3. Java Burn Review

    Excellent read, I just passed this onto a colleague who was doing a little research on that. And he just bought me lunch because I found it for him smile Therefore let me rephrase that: Thanks for lunch!

  4. Fitspresso

    I like this post, enjoyed this one thanks for putting up.

  5. Java Burn

    I?¦m not positive where you are getting your info, but great topic. I must spend some time learning much more or figuring out more. Thank you for wonderful information I used to be searching for this info for my mission.

  6. Java Burn

    I¦ll right away take hold of your rss feed as I can not find your email subscription link or newsletter service. Do you have any? Kindly let me recognize so that I could subscribe. Thanks.

  7. 슬롯

    슬롯 머신
    Fang Jifan은 조용히 모든 사람을 바라보며 옆에 서있었습니다.

  8. Tonic Greens

    Woah! I’m really digging the template/theme of this website. It’s simple, yet effective. A lot of times it’s hard to get that “perfect balance” between user friendliness and visual appeal. I must say you have done a great job with this. Additionally, the blog loads super fast for me on Safari. Outstanding Blog!

  9. Hiya! I know this is kinda off topic however , I’d figured I’d ask. Would you be interested in trading links or maybe guest authoring a blog post or vice-versa? My site goes over a lot of the same topics as yours and I think we could greatly benefit from each other. If you’re interested feel free to shoot me an email. I look forward to hearing from you! Great blog by the way!

  10. adm4d

    Aw, this was a very nice post. In idea I want to put in writing like this moreover – taking time and precise effort to make an excellent article… but what can I say… I procrastinate alot and by no means appear to get one thing done.

  11. potentstream

    Good blog! I really love how it is easy on my eyes and the data are well written. I am wondering how I could be notified when a new post has been made. I’ve subscribed to your RSS which must do the trick! Have a great day!

  12. Deron Buckridge

    My brother suggested I might like this blog. He was totally right. This https://brazz.org/ post actually made my day. You can not imagine simply how much time I had spent for this info! Thanks!

  13. sight care

    Just wish to say your article is as surprising. The clarity to your publish is just cool and i could suppose you are an expert in this subject. Fine with your permission let me to clutch your RSS feed to stay up to date with imminent post. Thanks one million and please continue the gratifying work.

  14. Keyon Bechtelar

    Wonderful web site Lots of useful info here Im sending it to a few friends ans additionally sharing in delicious And obviously thanks to your effort

  15. Javaburn review

    Excellent website. A lot of useful info here. I am sending it to several buddies ans also sharing in delicious. And of course, thank you to your effort!

  16. What is Sugar Defender 24? Jeffrey Mitchell made the Sugar Defender 24. It is a product (Sugar Defender Diabetes) that helps your blood sugar health.

  17. nanodefense pro

    Hmm it looks like your blog ate my first comment (it was extremely long) so I guess I’ll just sum it up what I wrote and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m still new to the whole thing. Do you have any helpful hints for first-time blog writers? I’d definitely appreciate it.

  18. serolean

    Youre so cool! I dont suppose Ive learn anything like this before. So nice to search out someone with some unique thoughts on this subject. realy thank you for beginning this up. this website is one thing that’s needed on the web, someone with a little bit originality. useful job for bringing one thing new to the internet!

  19. There is visibly a lot to identify about this. I assume you made various good points in features also.

  20. Hey, you used to write magnificent, but the last few posts have been kinda boring?K I miss your super writings. Past few posts are just a little bit out of track! come on!

  21. geinoutime.com

    geinoutime.com
    그러나 Zhang Yanling은 의아해했고 형이 화를 내며 노려보는 이유를 이해하지 못했습니다.

  22. Fitspresso

    whoah this weblog is fantastic i love reading your articles. Stay up the great paintings! You realize, lots of persons are searching around for this information, you could help them greatly.

  23. What Is Sumatra Slim Belly Tonic? Sumatra Slim Belly Tonic is a weight management formula that is said to eliminate excess body fat naturally.

  24. excellent issues altogether, you just received a emblem new reader. What may you recommend in regards to your put up that you simply made a few days in the past? Any sure?

  25. Fitspresso review

    I’ve read a few just right stuff here. Definitely worth bookmarking for revisiting. I surprise how so much effort you place to create this kind of great informative site.

  26. Avaliador Premiado

    Hi, i believe that i noticed you visited my website thus i came to “go back the choose”.I’m trying to to find issues to improve my website!I suppose its adequate to make use of a few of your ideas!!

  27. Tonic Greens

    Well I truly liked reading it. This subject offered by you is very helpful for proper planning.

  28. Venoplus 8

    I was wondering if you ever thought of changing the page layout of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having one or two images. Maybe you could space it out better?

  29. Prodentim Review

    Thank you, I have just been searching for information approximately this subject for a while and yours is the greatest I have discovered till now. But, what about the conclusion? Are you sure about the supply?

  30. Heya i’m for the primary time here. I came across this board and I find It really helpful & it helped me out a lot. I hope to offer something back and help others like you helped me.

  31. Thanks so much for providing individuals with an exceptionally splendid possiblity to read critical reviews from this web site. It’s usually so enjoyable and stuffed with a great time for me and my office mates to search your website at least thrice in 7 days to see the new things you have. And definitely, I am certainly satisfied with the stunning concepts served by you. Selected 3 ideas in this article are without a doubt the finest I have ever had.

  32. Fitspresso

    Perfectly written subject material, thankyou for selective information.

  33. SightCare reviews

    What’s Happening i’m new to this, I stumbled upon this I have found It positively useful and it has aided me out loads. I hope to contribute & aid other users like its aided me. Good job.

  34. Its like you read my mind! You seem to know so much about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a little bit, but other than that, this is excellent blog. An excellent read. I’ll certainly be back.

  35. Hey very cool blog!! Guy .. Excellent .. Wonderful .. I will bookmark your blog and take the feeds also…I am satisfied to find so many useful info here within the submit, we’d like develop extra strategies on this regard, thank you for sharing.

  36. Sugar Defender

    I’ve read several good stuff here. Definitely worth bookmarking for revisiting. I wonder how much effort you put to make such a magnificent informative site.

  37. zoritoler imol

    I conceive other website proprietors should take this site as an model, very clean and wonderful user genial pattern.

  38. Lottery Defeater

    There are certainly a variety of particulars like that to take into consideration. That may be a great point to deliver up. I provide the ideas above as normal inspiration but clearly there are questions just like the one you carry up where the most important thing will likely be working in trustworthy good faith. I don?t know if finest practices have emerged round issues like that, but I’m certain that your job is clearly identified as a good game. Each girls and boys really feel the influence of just a second’s pleasure, for the rest of their lives.

  39. fitspresso reviews

    I¦ve read a few excellent stuff here. Certainly price bookmarking for revisiting. I surprise how so much attempt you put to make such a fantastic informative site.

  40. Tonic Greens

    There’s noticeably a bundle to know about this. I assume you made sure nice points in features also.

  41. Herpesyl

    Today, I went to the beachfront with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is entirely off topic but I had to tell someone!

  42. Fitspresso

    whoah this blog is magnificent i love reading your articles. Keep up the good work! You know, many people are searching around for this info, you could aid them greatly.

  43. Billionaire Brain Wave

    Thanks for another informative website. Where else could I get that type of info written in such a perfect way? I’ve a project that I’m just now working on, and I have been on the look out for such information.

  44. flowforce max

    What is FlowForce Max? FlowForce Max Advanced Formula is a holistic blend designed to promote optimal prostate health

  45. flowforce max

    What is FlowForce Max? FlowForce Max Advanced Formula is a holistic blend designed to promote optimal prostate health

  46. I like what you guys are up too. Such clever work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂

  47. niu kqi1 pro

    What i don’t understood is actually how you’re not actually much more well-liked than you may be right now. You’re very intelligent. You realize thus significantly relating to this subject, made me personally consider it from so many varied angles. Its like men and women aren’t fascinated unless it is one thing to do with Lady gaga! Your own stuffs great. Always maintain it up!

  48. bulantogel

    Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

  49. bulantogel

    I am continually browsing online for ideas that can help me. Thanks!

  50. hire a hacker online

    Hello my friend! I want to say that this post is amazing, great written and come with approximately all important infos. I’d like to see extra posts like this.

  51. puravive reviews

    This platform is phenomenal. The magnificent data uncovers the maker’s excitement. I’m shocked and expect additional such astonishing sections.

  52. porno izle

    anal sikis siteleri tthighereduhryyy.vvpmxBWi1yf

  53. am siteleri

    seksi siteler 0qbxjluaxcxjsxzz.2841GORgncYR

  54. sexax

    BİZİ SİK BİZ BUNU HAK EDİYORUZ bjluajszz.azmNTdbUS9Fx

  55. porn

    watch porn video hephupx.vafBZ7shprBW

  56. porno

    porn siteleri pompadirha.OwhGmMONVmUP

  57. sexax

    amciik siteleri wrtgdfgdfgdqq.s88yvngnxUMl

  58. sexx

    am siteleri ewrjghsdfaa.gMMec4bdwIKj

  59. porno izle

    anal siteleri yaralandinmieycan.5SvkJNIjlV2i

  60. sexax

    viagra vurgunyedim.QSAvCbYQ1gNz

  61. Slotbom88

    I will immediately take hold of your rss feed as I can not in finding your e-mail subscription hyperlink or newsletter service. Do you’ve any? Kindly let me understand so that I may just subscribe. Thanks.

  62. cylinder

    cylinder xyandanxvurulmus.MpkAIYnQ2fxl

  63. outcount

    outcount xyandanxvurulmus.LQENp8vluNPo

  64. outgate

    xbunedirloooo.ZWiI999UREnf

  65. tlover tonet

    It’s actually a nice and useful piece of info. I’m happy that you just shared this useful information with us. Please stay us up to date like this. Thanks for sharing.

  66. Carlos Cale

    F*ckin’ awesome things here. I’m very happy to peer your article. Thank you a lot and i’m taking a look ahead to contact you. Will you please drop me a e-mail?

Leave a Reply

Important Link

Fund Your Deriv Account
Withdraw Funds to Your Local Currency
VIP Trading Signals
Learn To Trade

Contact Us

Follow Us

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.