Currencies  |  March 31, 2013 09:15:35

Japanese Yen U.S. Dollar rolled


Despite all the efforts of Bank of Japan to weaken the yen, it goes down and the U.S. dollar in the currency pair with the Japanese yen weakens. Currently, the price is just under the S / R levels of 94.25, which last week attacked a few times and she managed to break above and below. The last two days but staying rate couple below this level and the beginning of the week will again certainly interesting.

Japanese macroeconomic data was mixed on Friday and has not needed to trading volatility. The markets know the Easter mood and most couples stagnated without significant turbulence. Even trading volumes were lower than in "normal" operation.
On Monday, they published figures from Japanese industrial production and is expected to reduce the decline. Other data will be of non-industrial production are expected doubling the previous value. Industry indices are expected also from China and mainly from the United States. American ones are important from the perspective of future recovery. Although it is not expected to change from the value last month, interviewed industrialists may surprise you.
More and more frequently and with greater impact on the exchange rate pairs have recently been a political decision and not macroeconomic news and the index value. It is marketed as such, annoying because it has no economic base from which prices would have to depend on the markets and the uncertainty it brings.

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