Takahiro Sekido, currency analyst at MUFG Bank, points out that negotiations between the US and China on trade and the Brexit deal put the Japanese Yen on the defensive. Key Quotes: “USD/JPY has risen on positive market sentiment stoked by a partial US-China trade agreement and an uptick in JPY selling resulting from early 2H investment flows. USD/JPY could rise even further from next week, which features not only the IMF annual meetings but also US and Chinese officials releasing more details on the partial US-China trade deal reached.” “The Fed’s decision to buy more Treasuries has been a positive for market sentiment. The current mood is likely to continue for some time. The Fed, as well as the BoJ, will meet in two weeks, and enter their blackout periods from next week.” 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 BitFinex launches a social media affiliate program FX Street 4 years Takahiro Sekido, currency analyst at MUFG Bank, points out that negotiations between the US and China on trade and the Brexit deal put the Japanese Yen on the defensive. Key Quotes: "USD/JPY has risen on positive market sentiment stoked by a partial US-China trade agreement and an uptick in JPY selling resulting from early 2H investment flows. USD/JPY could rise even further from next week, which features not only the IMF annual meetings but also US and Chinese officials releasing more details on the partial US-China trade deal reached." "The Fed's decision to buy more Treasuries has been a… 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.
