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Home Forex News

Nomura awaiting an opportunity to buy EUR/JPY

by Trading How
February 23, 2022
in Forex News
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  • “Close to-term USD/JPY actions will rely on how the Ukraine scenario unfolds, however the widening divergence in financial coverage between Japan and the US will doubtless restrict the danger of a robust JPY. Market consideration on Japan’s inflationary pressures can be on the rise, however we don’t anticipate an acceleration of inflation within the Tokyo CPI knowledge launch subsequent Friday”

  • “We thus keep our bearish view on JPY, despite the fact that there are near-term headline dangers from the scenario in Ukraine. We keep our USD/JPY name spreads, whereas ready for a possibility for EUR/JPY lengthy positions if the scenario in Ukraine calms down”



For
financial institution commerce concepts,







check
out eFX Plus







.

ps. Tokyo space CPI is due on Friday 25 February 2022 Japan time

  • 2350 GMT on Thursday 24 February 2022

This
snapshot from the ForexLive financial knowledge calendar,
access
it here
.

The
instances within the left-most column are GMT.

The
numbers within the right-most column are the ‘prior’ (earlier month)
end result.

The
quantity within the column subsequent to that, the place is a quantity, is what’s the
consensus median anticipated.

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