Home / Author Archive for: "Dusica" FORECAST

BankForecast.com USD/JPY Weekly Forecast June 27 – July 1 2016

Britons voted to leave European Union which triggered financial turmoil affecting every asset traded on financial markets. Japan currency, perceived as “safe haven” currency gained significantly in value, reaching level of 102 against dollar. Governor Kuroda expressed readiness to provide liquidity to central banks if necessary to stabilize markets. Global economic slowdown including historically low […]

BankForecast.com USD/JPY Weekly Forecast June 20-24 2016

New USD/JPY lows for this year has been reached during previous week, when currency pair tested level of 103.5 after BOJ rate decision.  When currency pair was traded around 107-108 levels, Minister Aso was mentioning market intervention  considering that strong Yen is hurting Japan economy and especially jeopardizing heavy monetary stimulus imposed by BOJ aimed […]

BankForecast.com USD/JPY Weekly Forecast June 13-17 2016

Is Fed rate increase ahead in June? During previous weeks several FOMC voting members heated market expectations by openly supporting June or July rate hike. Although US economy is showing signs of recovery, there are still some weaknesses and risks that might influence rate increase decision to be postponed for July or even September meeting. […]

BankForecast.com USD/JPY Weekly Forecast June 6 -10 2016

Fed June rate hike is currently under huge question considering very disappointing data posted on nonfarm payrolls on Friday. Increase of only 38k is lowest level for more than last five years and implying a question whether labor market is progressing as expected by Fed officials. Market expectations on June/July rate hike has been significantly […]

BankForecast.com USD/JPY Weekly Forecast May 30- June 03 2016

As June FOMC meeting is approaching market expectations on rate increase decision are increasing. Such sentiment is supported by several Fed members commenting potential future FOMC decision. During last week St. Louis Chief Bullard expressed his view that positive current developments on labor market might influence future raise in inflation, and in this sense, he […]

BankForecast.com USD/JPY Weekly Forecast May 23-27 2016

Is FED rate increase ahead in June?  According to April FOMC Meeting minutes, released during last week, such possibility is one of the “flexibility” options at disposal to FED if economic developments point to further growth. Minutes reveled three major economic indicators based on which further strengthening of monetary policy will depend on: employment, inflation […]

BankForecast.com USD/JPY Weekly Forecast May 16-20 2016

Number of FOMC voting members supporting rate hike during June meeting is increasing. After previous weeks statements from Atlanta Chief Lockhart and San Francisco Chief Williams, during last week Boston FED Chief Rosengren and Kansas City Fed George expressed their view in support of further rate increase. Certainly actual employment and inflation figures will be […]

BankForecast.com USD/JPY Weekly Forecast May 9-13 2016

Surprisingly weak job report data for April posted on Friday are raising a question  among market analysts whether this is first signal of job growth easing in the US? April report shows decrease of 40K of nonfarm payrolls to 160K, significantly lower from 200K where markets were expecting to see the figure. Unemployment rate is […]

BankForecast.com USD/JPY Weekly Forecast May 02-06 2016

Unprecedented measures taken by BOJ few months ago will still stay in force, without adding any additional stimulus for now, as per BOJs decision during its April meeting. Such course of action has been greatest surprise for many analysts, considering previous statements from Governor Kuroda and some other BOJ officials, heating market expectations on possible […]

BankForecast.com USD/JPY Weekly Forecast April 25-29 2016

Although fundamentals were promising relatively calm week ahead, Friday brought strongest weakening of Yen for last year and a half, finishing week at level of 111.6 against US Dollar. Such market reaction was caused by some statements from BOJ official of possible further stimulus measures that would be imposed during next BOJ meeting on April […]
page 1 of 2