[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_single_image image=”23203″ img_size=”full” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text]
JPY
Fundamental Analysis
(28th Feb): The USD/JPY pair was down 0.2% at 110.75 by 08:45 GMT, falling back towards Wednesday’s two-week low of 110.34.The Japanese yen, often viewed as a safe-haven currency, was in demand in early European hours on Thursday, after U.S. President Donald Trump cut short his nuclear summit with North Korean leader Kim Jong-un.
(27th Feb): The risk-off sentiments are benefiting JPY.Within the country, BOJ is opposing more negative interest rates, and may resort to more QE if JPY appreciating, which is based on a weak economy growth forecast.The deciding factor for this currency may still lies in the trade talk sentiments as the market is still waiting for more details to confirm “important progress”.
(26th Feb): Reports of Indian airstrike in targets in Pakistan partly offset the latest optimism over the US-China trade negotiations and triggered some risk-aversion trade during the Asian session on Tuesday.The risk-off mood was evident from the ongoing slide in the US Treasury bond yields, which underpinned the Japanese Yen’s relative safe-haven demand.
(25th Feb): During early Monday, news that the US President is ready to postpone tariff hikes on Chinese imports triggered market risk-on and propelled the USD/JPY to the day’s high of 110.86.
However, the pair failed to hold the gains as investors fear for the final outcome from the meeting between the US President Donald Trump and his Chinese counterpart Xi Jinping in Florida that’s still awaited for a final decision on the trade.
The USD/JPY pair is at bid around 110.65 heading towards European session on Monday. As the risk-on sentiments shrink, JPY saw further selling pressure from the comments that Japanese PM Abe’s Economic Adviser that wasn’t favoring the BoJ’s inflation targeting. The risk-on environment is more likely to weigh on the currency.
Technical Analysis
[/vc_column_text][vc_empty_space height=”15px”][vc_single_image image=”23201″ img_size=”full” add_caption=”yes” alignment=”center” onclick=”zoom” qode_css_animation=””][vc_empty_space height=”25px”][vc_column_text]
USD
[blur]
Fundamental Analysis
(28th Feb): The dollar was traded stable, as investors looked ahead to the release of U.S. fourth-quarter GDP data later… [/blur][/vc_column_text][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_empty_space height=”35px”][vc_row_inner row_type=”row” type=”full_width” use_row_as_full_screen_section_slide=”no” text_align=”left” css_animation=””][vc_column_inner width=”1/5″][/vc_column_inner][vc_column_inner width=”3/5″][vc_separator type=”normal” color=”#b70909″ border_style=””][/vc_column_inner][vc_column_inner width=”1/5″][/vc_column_inner][/vc_row_inner][vc_empty_space height=”35px”][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”1/5″][/vc_column][vc_column width=”3/5″][kswr_heading head_align=”center” head_subtitle_color=”#333333″ head_title=”ACCESS RESTRICTED” head_title_fsize=”font-size:23px;line-height:2;” head_title_fstyle=”font-family:Inherit;font-weight:700;” head_subtitle_fsize=”font-size:17px;line-height:1.5;” head_subtitle_fstyle=”font-family:Inherit;font-weight:inherit;” head_title_margins=”margin-top:0px;margin-bottom:0px;” head_subtitle_margins=”margin-top:0px;margin-bottom:0px;”]Our comprehensive daily reports covers both technical and fundamental analysis, and are customised to your requirements.
To get access to our full report, fill in the form below below:[/kswr_heading][/vc_column][vc_column width=”1/5″][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_empty_space height=”45px”][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column width=”1/2″][kswr_button btn_link=”url:https%3A%2F%2Feverestfortunegroup.com%2Freport%2F|||” btn_txt=”I want to distribute this report to my clients” btn_default_style=”1″ btn_full_width=”true”][/vc_column][vc_column width=”1/2″][kswr_modalanything mdlany_trigger_type=”button” mdlany_modalw=”750″ mdlany_modalh=”400″ mdlany_background=”#ffffff” mdlany_close_color=”#eeeeee” mdlany_close_bg=”#111111″ mdlany_paddings=”padding-top:20;padding-bottom:20;padding-left:20;padding-right:20;” mdlany_tgr_imagemargin=”margin-top:0px;margin-bottom:0px;” mdlany_btn_default_style=”1″ mdlany_btn_full_width=”true” mdlany_btn_txt=”I want this report for my own trading”][vc_column_text css=”.vc_custom_1550028067202{margin-top: 80px !important;margin-right: 70px !important;margin-bottom: 50px !important;margin-left: 70px !important;}”]
Our comprehensive daily reports cover a wide range of Forex majors, Metals, Indices and Cryptocurrencies.
We will be in touch shortly to customise a report based on your trading style & portfolio.
[/vc_column_text][/kswr_modalanything][/vc_column][/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” text_align=”left” background_animation=”none” css_animation=””][vc_column][vc_empty_space height=”35px”][vc_empty_space height=”35px”][/vc_column][/vc_row]