rss
Our Live Trading Room is Free!

Trade live and receive quality training in our live trading room every weekday with 37 year veteran and career trader Ralph Shell.  For more information about Mr. Shell please click here!


 Forex Analysis
22

Citigroup: USD/JPY to 100.00 Will Take Time


While the US dollar’s longer term decline against the Japanese yen may have already reversed, the road to 100.00 will stretch into next year, according to Citigroup.

Osamu Takashima, chief currency strategist at Citigroup’s Tokyo unit, says that the interest rate differential that will ultimately favor the US dollar in the longer term will not be realized until next year. As a result, the real strength for the US dollar is still a ways off.

[Read More...]

Visit Forex Playbook



Post Rating

 Important Notice
High-Risk Warning  Forex, Futures, and Options trading has large potential rewards, but also large potential risks.  The high degree of leverage can work against you as well as for you.  You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets.  Forex trading involves substantial risk of loss and is not suitable for all investors.  Please do not trade with borrowed money or money you cannot afford to lose.  This website is neither a solicitation nor an offer to Buy or Sell currencies, futures, or options.  No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website.  Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice.  Website owners and affiliates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.  Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.