Strong report on employment in US that was published on Friday, again put a Japanese Yen under pressure. Seasonal and fundamental factors are directed against Japanese currency, and that’s why we expect its further weakening. As of now currency pair USD/JPY is traded at 103.05 near the last week’s maximum …
On Thursday on a trading session US dollar is traded in a narrow range against other main currencies, because investors expect publication of data on the employment market in US on Friday. This data can make the beginning of the reduction of the purchase of government bonds closer that is …
US dollar has a good potential for growth
Yesterday’s data on employment from ADP that comes out before the data on employment in a non-agricultural sector of the US economy came out much better than it was predicted 215 000 against 173 000. This is a good signal that the main data …
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