{"id":61148,"date":"2014-09-30T07:48:01","date_gmt":"2014-09-30T11:48:01","guid":{"rendered":"http:\/\/countingpips.com\/?p=61148"},"modified":"2014-09-30T09:42:27","modified_gmt":"2014-09-30T13:42:27","slug":"the-yen-will-weaken-further","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/the-yen-will-weaken-further\/","title":{"rendered":"The yen will weaken further"},"content":{"rendered":"
September 30, 2014<\/div>
\r\n<\/div><\/div>

Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

The USD\/JPY pair has slightly corrected after a block statistics for the Japanese economy, but fundamentally it does not change anything.<\/p>\n

The Japanese yen will weaken further. Yesterday the USD\/JPY pair has reached a six-year high of 109.74, and this morning has corrected, but just a little bit.<\/p>\n

Investors are now paying very little attention to the statistics, but that\u2019s too bad. Data published on Tuesday morning, showed that industrial production in Japan fell in August by 1.5% against the forecast of growth of 0.3%. Yearly the rate fell to 2.9%, and it is very much a given that the economy of the rising sun is very closely “tied” to the production.<\/p>\n

Simultaneously, the authorities have indicated that they will extend the incentives to support both consumers and producers.<\/p>\n

Do recall that in 2015 the Japanese government intends to once again raise the sales tax to ultimately bring it to worldwide.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

Overall, the yen remains in a weak position. The USD\/JPY pair, after a short period of stabilization will return to move to 110.5.<\/p>\n

RoboForex Analytical Department<\/strong><\/p>\n

Article By RoboForex.com<\/span><\/a><\/strong><\/p>\n

Attention!<\/strong>
\nForecasts presented in this section only reflect the author\u2019s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article By RoboForex.com The USD\/JPY pair has slightly corrected after a block statistics for the Japanese economy, but fundamentally it does not change anything. The Japanese yen will weaken further. Yesterday the USD\/JPY pair has reached a six-year high of 109.74, and this morning has corrected, but just a little bit. Investors are now paying […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-61148","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/61148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=61148"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/61148\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=61148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=61148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=61148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}