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What’s the difference between USD/JPY and EUR/USD?

Discussion in 'Diskusi Forex' started by ikonfx, Jan 24, 2011.

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  1. ikonfx

    ikonfx Banned

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    The senior trader of the oversea institute, Tokyo Forex and Ueda Harlow, Yuzo Sakai said on Monday that USD/JPY will fluctuate within the interval of 82.50 to 83.00.

    The import merchant of the Japan tended to buy under the interval; however, the position above the interval is also pressured by the selling order of the import merchants.

    He said that the meeting result of the FOMC in the Federal Reserve will be released on Wednesday, 26th January; investors are not willing to push up the USD/JPY before publishing the result.

    At Beijing time 09:48, USD/JPY was 82.64/67 while EUR/USD was 1.3600/02.

    Forex analysis
    Edited By Sarah
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