SUBSCRIBE TO FEEDJapanese yen forex trading forecast
It is quite likely that Japan will consider to see deflation in its economy. The pace has slowed somewhat, but deflation is still an issue in Japan, as evidenced by the yen’s rise against the euro — and its strength against the U.S. dollar.
The situation in Japan continues to be tricky, and one wonders whether more political resignations will come if the country can’t get its economic growth under control.
GFT’s Boris Schlossberg examines the Japanese yen forex trading forecast and Japan’s deflation in FX360:
Despite a pickup in consumer demand deflation is likely to remain in place for the foreseeable future given the strength of the yen against the euro this year. The recent strengthening of the yen against the dollar with the pair dropping through the key 90.00 level will only exacerbate this trend in the second half of
