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The yen: traders awaiting the economic growth and the yen weakening
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The yen traders are waiting for positive news from the Bank of Japan. Today on Tuesday a two-day meeting of the regulator commences. It will determine the further monetary policy course of the country. The analysts expect the key interest rate to remain unchanged within the range from zero to 0.1%.


The analysts predict that the measures of the economic growth support will be changed in Japan amid the recent slack statistics.


Thus in Japan the overall PMI index fell surprisingly to 0.3%, last week the trade balance surplus surged also unexpectedly.


The economy suffers from the overestimated rate of the national currency. Despite the condition of the economy, the yen still has the status of shelter. It is expanding even versus the American dollar, which is very popular of late. The US dollar � yen pair on Monday added 30 pips thus having climbed to the level of 79.44.

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Being the capital and the largest city of the Republic of Moldova Chisinau became the center of attraction for Moldavians. Just like Rome, the city has been growing on seven hills along the river Bîc during six hundred years. As Bîc sounds pretty close to bull in Moldavian we could suppose that the locals prefer trading in an uptrend. Nowadays, locals of Chisinau want to take full advantage of the international currency market, so they are keen to take part in annual finance conferences arranged by InstaForex.
Elena Avramova, Partner Relations Manager at International Association of Forex Traders: "Selection criteria for partners and prospects of cooperation with InstaForex" (ShowFx World Exhibition in Moscow)
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  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $4000 अधिक!
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    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
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