In view of analysts at Westpac, the recent strength in JPY looks to have come primarily as a result of increased concern over the global economy amongst investors, with the Yen’s gains having partly reversed to 110.46 since – coincident to the broad move in market confidence. Key Quotes “Ahead, in line with our FOMC call and on the assumption that global growth risks do not intensify, we look for a brief rise in the USD/JPY cross to JPY113 in mid-2019 followed by a reversal to JPY112 end-2019, then JPY106 end-2020.” 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 SEK: Weak enough for now – TDS FX Street 4 years In view of analysts at Westpac, the recent strength in JPY looks to have come primarily as a result of increased concern over the global economy amongst investors, with the Yen's gains having partly reversed to 110.46 since - coincident to the broad move in market confidence. Key Quotes "Ahead, in line with our FOMC call and on the assumption that global growth risks do not intensify, we look for a brief rise in the USD/JPY cross to JPY113 in mid-2019 followed by a reversal to JPY112 end-2019, then JPY106 end-2020." 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.
