Will the GBP recover from the dead-end in the Brexit deal? The GBP/USD pair plunged because of the negative comments on the Brexit deal…
USD/JPY: forecast for Sep. 25-29
Last week USD/JPY managed to recover to 112.70. Sharp divergence between the US and Japanese monetary policy gave the pair reasons for growth. The US Federal Reserve signaled that it was still on track to raise interest rates by the end of the year, while the Bank of Japan maintained its extremely loose policy. In addition, there are expectations that Japanese Prime Minister Shinzo Abe will call a snap election next month to strengthen his power base. As his policies weaken the yen, this has a positive impact on USD/JPY.
What to trade on for today? Watch today's trading plan and get clues on the trading of GBP/USD, EUR/USD, AUD/USD!
Do you want to get clues on the upcoming economic events? Do you want to know what market moves to expect? FBS analyst Darya Bobrova will go through this week’s economic calendar and explain technical setups for EUR/USD, GBP/USD, USD/JPY, and other key…