It was reported by Bloomberg News that Nomura Holdings Inc, Japan’s biggest brokerage firm is recommending buying USD against Yen between the current level and 101.75. This is what Nomura analysts, including Jens Nordvic and Yujiro Goto, wrote in an e-mail yesterday: “The FOMC meeting this week could be a catalyst for USD gains. We… Continue reading Buy USD/JPY Between The Current Level and 101.75
Tag: usd/jpy
USD/JPY-Dollar Yen Analysis
USD/JPY is one of the lucrative pairs to trade! Do you trade USD/JPY? If you have been trading USD/JPY, you may have observed that right now, Japanese Yen is in firm control of Dollar Yen USD/JPY pair. US wants a stronger greenback while Japan wants a weaker Yen. Will the down trend in Dollar Yen USD/JPY continue? Is it… Continue reading USD/JPY-Dollar Yen Analysis