{"id":66652,"date":"2015-01-16T08:36:56","date_gmt":"2015-01-16T13:36:56","guid":{"rendered":"http:\/\/countingpips.com\/?p=66652"},"modified":"2015-01-16T08:36:56","modified_gmt":"2015-01-16T13:36:56","slug":"the-japanese-yen-looks-stable","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/01\/the-japanese-yen-looks-stable\/","title":{"rendered":"The Japanese yen looks stable"},"content":{"rendered":"<div id=\"inves-3525763859\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 16, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\"><span style=\"text-decoration: underline;\">RoboForex.com<\/span><\/a><\/strong><\/p>\n<p>The USD\/JPY pair looks for and finding reasons for the decline &#8211; the instrument remains in the middle of the well traded side channel and it can be considered a victory for the yen.<\/p>\n<p>By the end of another January week the Japanese yen is trading slightly downward, but fundamentally the currency now looks quite stable. It so happens that yesterday&#8217;s decision by the Swiss National Bank to abandon pegging the franc to the euro at 1.20 has played in favour of the JPY in the Forex market.<\/p>\n<p>The Economic Minister of Japan, Mr. Amari spoke about this today. According to him, the events of recent days &#8211; namely, the talk about a full-scale quantitative easing by the ECB and the SNB decision, contributed to some strengthening of the position of the yen. However, it is equally clear that all of these market reactions are temporary.<\/p>\n<p>On Friday morning, published statistics showed that the index of activity in the services sector in Japan in November turned out to be at around 0.2% against the forecast of 0.3%. The indicator is quite objective because it includes parameters of observations of segments of electronics, communications, trade, economic and financial recovery and the social sector in full. These are largely due to the export parameters, which in turn can influence the movement of the yen.<\/p>\n<p>On the whole, the situation in the USD\/JPY pair now looks quite neutral. The presumptive range of trades in the instrument for the next week is 115.4-119.2. The pair is standing exactly in the middle of the trading channel.<\/p><div id=\"inves-1965544294\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>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><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>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><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><strong>RoboForex Analytical Department<\/strong><\/p>\n<p><strong>Article By <a href=\"http:\/\/roboforex.com\/\" target=\"_blank\"><span style=\"text-decoration: underline;\">RoboForex.com<\/span><\/a><\/strong><\/p>\n<p><strong>Attention!<\/strong><br \/>\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>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article By RoboForex.com The USD\/JPY pair looks for and finding reasons for the decline &#8211; the instrument remains in the middle of the well traded side channel and it can be considered a victory for the yen. By the end of another January week the Japanese yen is trading slightly downward, but fundamentally the currency [&hellip;]<\/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-66652","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/66652","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=66652"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/66652\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=66652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=66652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=66652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}