Yen Analysis

Yen Analysis

Others Currency Pair Analysis

The Japanese yen (円 or 圓 en?) (sign: ¥; code: JPY) is the official currency of Japan.

This currency plays an important role in the foreign exchange market in terms of transaction volume. Nowadays, this is the third most dealt currency on the Forex, behind the euro and U.S dollar with 16.5% of transactions.

 Investors have been attracted for a long time by this currency because of carry trades operations that were very profitable especially against the dollar. Indeed, Japan has always had interest rates close to 0. Today because of the crisis, investors consider more the yen as a safe currency and that is why the yen has appreciated considerably since the start of the 2008 crisis.

 Because Japan is a major exporter (especially technology products), the yen also plays an important role in world trade.

Request a Forex Technical Analysis
Forex Technical Analysis Requests
Tribe offers a sub-forum dedicated to demands of technical analysis

This FREE service, run by the ForexTribe team and members gives you the technical analysis of your choice.

To do this, simply create a new thread on the forum and do not forget to indicate the currency pair and timeframe required for your analysis.

Forex Topics
Posté le : 12/08/15 - Technical Analysis bY Hiwayfx
Posté le : 31/07/15 - Technical Analysis bY Hiwayfx
Posté le : 27/07/15 - Technical Analysis bY Hiwayfx
Posté le : 24/07/15 - Technical Analysis bY Hiwayfx