Wednesday, July 25, 2018 10:38:42 AM
NZD/JPY: Fundamental Review and Forecast
The JPY is still strong against the weak NZD. The sure downward trend continues, so the deals to SELL seem the most effective.
The JPY has recently lost its position amid a strong dollar and aggressive monetary policy in the US. Investors are disappointed by the weak economic growth in Japan, but even more, they are not satisfied with the extremely soft monetary policy of the Bank of Japan. Therefore, there is a growing tendency on the market: the Japanese yen as a safe but profitable asset is losing its attractiveness.
More information see here
https://superforex.com/analytics/nzd-jpy-fundamental-review-and-forecast/?x=FORUMS
The JPY is still strong against the weak NZD. The sure downward trend continues, so the deals to SELL seem the most effective.
The JPY has recently lost its position amid a strong dollar and aggressive monetary policy in the US. Investors are disappointed by the weak economic growth in Japan, but even more, they are not satisfied with the extremely soft monetary policy of the Bank of Japan. Therefore, there is a growing tendency on the market: the Japanese yen as a safe but profitable asset is losing its attractiveness.
More information see here
https://superforex.com/analytics/nzd-jpy-fundamental-review-and-forecast/?x=FORUMS
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