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Yohay

  1. USD/JPY Outlook August 13-17

    by
    Yohay
    , 08-12-2012 at 07:46 AM
    USD/JPY traded in range and eventually ended the week lower, as worries about the global economy pushed traders to the safe haven yen. GDP and Tertiary Industry Activity are the highlight of this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY.

    Last week, the Bank of Japan continued its nonintervention policy claiming things are picking up moderately but also warned about the European debt crisis and its effects on Japan’s economic recovery. Interest rates remained unchanged at between zero and 0.1%. Will the economy manage to strengthen further without the BOJ intervention?

    Read the rest of the article [B][I][URL="http://www.forexcrunch.com/usdjpy-outlook-august-13-17/"]USD/JPY ...
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  2. AUD/USD Forecast Aug. 13-17

    by
    Yohay
    , 08-12-2012 at 05:53 AM
    The Australian dollar was unchanged over the week, as AUD/USD closed at 1.0573. The upcoming week has six releases, including Business Confidence and New Motor Vehicle Sales. Here is an outlook of the Australian events, and an updated technical analysis for AUD/USD.

    The aussie was trading in a narrow range throughout last week. Despite better than expected employment data, the Australian dollar did not improve against its US counterpart.

    Read the rest of the article [URL="http://www.forexcrunch.com/audusd-forecast-aug-13-17/"]AUD/USD Forecast Aug. 13-17[/URL]
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