Monthly Archives: May 2018

USD/JPY Forecast: Hit 5-week low, consolidation likely

The USD/JPY pair fell to 108.11 on Tuesday – the lowest level since April 23 as the political uncertainty in Europe and the resulting risk aversion in the equities put a strong bid under the anti-risk Japanese Yen.

Fear that the new elections in Italy will deliver a stronger mandate to euroscepti…

EUR/JPY tumbles to key support as Italy’s political worries intensify

As concerns over Italy’s political turmoil intensified on Tuesday and Italian debt risks continued to rise sharply, equity markets were pummeled on the increasing likelihood of political and economic instability in the eurozone. Meanwhile, the euro currency extended its recent tumble, as might have…

www.000webhost.com