IronTrade
TOP TRADING OPPORTUNITIES
April 24–25
buy
Recommendation:
These days it is better to bet on RISING of USD/JPY
The USD/JPY pair continues to grow after a short yesterday’s falling. At the moment, it is traded around Y108.90. According to experts from Bank of America Merrill Lynch, a lot of Japanese investors and insurance companies invest their money into foreign assets which should further weaken the Japanese yen.
So, we recommend you to act based on the prediction that the USD/JPY price will increase today.