The history of the currency pair USD / JPY

Source Forex | USD / JPY


Forex market is for all citizens of planet Earth, a great place to get the earnings. Being at home or in a cafe, you only need Internet access. Establish JPY trading platform on your computer, laptop, netbook or phone is very simple.

Forex traders receive income from perfect positive transactions, producing a currency conversion.

Many states are promoting the international market of their own money. For each of these units exist its specific value, corrected by permanent. Brokerage company in its terminal offers a choice to trade.

Have a high priority: USDJPY; NZDUSD; EURUSD; EURGBP; USDCAD; GBPUSD; AUDUSD; EURJPY.

Professionals and analysts are working with multiple currency pairs, and young professionals are advised to focus on two - three.
In the forex market at the beginning of 01.89, the innovations have taken place for traders.

In the broker's terminal in the time period of a month it became possible to trade on USDJPY. Traders to help build a line, candlestick, bar chart.

The first value is the price of USDJPY established at the level of 125.00 points.

Use the time period of a week was made possible by 09.02.1990, the

Trading began at around 143 points. This day has given a large influx of wanting to try out their efforts.

11/05/1990, it became possible to use the day time period. Most brokerage firms have added to the terminals of this innovation. At day period cash flow and the number of traders selling increased.
Read the article History of the currency pair USD / JPY

Category: USD / JPY

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The currency pair USD / JPY

Source Forex | USD / JPY


Japanese Yen - the currency of the country of the rising sun. Is very popular in the market Forex . It has a huge volatility, and not only she, but all the cross-rates - GBP / JPY, EUR / JPY. All currencies, containing in its composition JPY, may have a movement of 300 points. This is due to a large degree with the news, and an interesting policy of the country itself.

Japan is the largest importer. And in general a very developed country. So while the Japanese yen should not be surprised currency interventions conducted by the central bank of Japan. That is, the sale or purchase of large quantities of currency for the directional movement of the market to their advantage.

Speaking about the yen, not be amiss to introduce the concept of such an operation as "carry trade". This is when investors take a loan in a currency with low interest (all countries such as Japan) rates and narrow the currency with high interest rates (New Zealand, Australia).

Before the crisis, the operation "carry trade" in the Japanese yen have been a popular method of extraction of easy money. Indeed, how can you make a mistake, taking a 0-0.5% in the Japanese currency and investing in higher-yielding instruments everywhere?

It is also worth noting, USD / JPY is very strong and quick to respond to any changes in the stock markets of the world, the data on inflation, changes in interest rates. Just not worth it, and wonder currency interventions. What to do if the policy of the country itself so?

So, I do not recommend for beginners, traders work on this currency pair, until you have enough experience. To lose your deposit on the yen may be even faster than the pound. And no matter what the cost of an item yen less than in most currencies. But she takes his huge volatility.

Category: USD / JPY

Views: 1.037