18.01.2016 - Price of USD/JPY is approaching to attractive levels to buy

The price of the Japanese yen continued to strengthen due to a number of factors. The head of the Bank of Japan, Haruhiko Kuroda said that the regulator has no plans to use additional measures to stimulate inflation in the near future. In addition, the fall in oil prices and the expectation of tomorrow's publication of reports on GDP, industrial production and investment in China, supports the demand for defensive assets. Our medium-term outlook for the Japanese currency remains negative due to the expected decline in demand for protective assets, and the strengthening of the US dollar against the background of tighter US monetary policy during the year. We are waiting for a signal to buy USD/JPY.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.