Global rating agency Moody’s recently rolled out its analysis of risks to the Japanese economy. In doing so the rating giant forecasts that Japan will miss the primary fiscal balance target if additional consolidation measures are not implemented. Key quotes “Japan will miss the primary fiscal balance target if additional consolidation measures are not implemented.” “Japan is vulnerable to global trade protectionism and slowdown in the economies of its largest trading partners.” “Japan is exposed to an escalation in global trade protectionism and a slowdown in its largest trading partners, the US and China.” FX implication Although USD/JPY is currently benefiting from the market’s risk-on mode, while being around 108.60, headlines like this could have added burden on the risk-tone during the otherwise trading conditions. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin price update: LTC/USD takes back $60 support, is $65 hurdle breakable? FX Street 3 years Global rating agency Moody's recently rolled out its analysis of risks to the Japanese economy. In doing so the rating giant forecasts that Japan will miss the primary fiscal balance target if additional consolidation measures are not implemented. Key quotes "Japan will miss the primary fiscal balance target if additional consolidation measures are not implemented." "Japan is vulnerable to global trade protectionism and slowdown in the economies of its largest trading partners." "Japan is exposed to an escalation in global trade protectionism and a slowdown in its largest trading partners, the US and China." FX implication Although USD/JPY is currently… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
