28.10.2015 - We forecast the growth of USD/JPY

Falling prices of USD/JPY now stopped due to technical factors, as well as through the publication of weak statistics on retail sales in the country, which in September unexpectedly fell by 0.2% against the forecast of growth by 0.4% and an increase of the previous indicator by 0,8%. The greatest negative impact on the indicator had fuel and sales of household appliances and cars. The dynamics of the pair in the near future will be influenced by the Fed today and the rhetoric of the Bank of Japan, which can strengthen the measures to stimulate inflation in the country, that will lead to higher prices of USD/JPY to the target levels at 123.00 and 124.50.

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.