19.11.2015 - We expect a fall of the Japanese yen until the end of the year

Today was published a statement of the Bank of Japan on monetary policy, in which was noted saving of the parameters of monetary policy unchanged, which was expected by most experts. In addition, the statement noted that inflation will reach the target level of 2% in the second half of 2016 if oil prices recover. Weak data on GDP growth in the third quarter point to a slow pace of economic recovery, due to the reduction in inventories. Impact of terrorist attacks in Paris was limited. Given the expectation of monetary tightening in the US, we expect a further fall in the price of the Japanese yen by 3-5% until the end of the year.

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.