الاثنين، 29 يوليو 2013

Where the Japanese yen

The Japanese yen fell during the past two weeks, more than about 5%, and so on after the dissolution of parliament Japanese and the need for new elections for prime minister, where most opinion polls indicate a possible success of the opposition led by the Democratic Party liberal, a party that in what if came to power change of the Japanese central bank's policy on quantitative easing programs in the country.

That's where everyone knows that the Japanese central bank is based procedures motivational simple by 10 trillion yen in every two to three months ago, but this thing is no wonder the opposition and the party, where he calls for the Japanese central bank more quantitative easing and Pmalg a bigger impact on the Japanese yen and weakening to positively affect Japanese exports, which is now rejected by the Japanese central.

But in the case of the arrival of the opposition to the government now, it is possible that there will be great pressure on the bank to doing what asked of the government, which is priced in now, where that opinion polls indicate progress opposition largely on pro-government forces now, and it witnessing large turnout of traders and investors to sell the yen against most world currencies, and also showed the report of the Commission Futures U.S. high rates of sales contracts for the Japanese to their highest levels since the time as shown in the graphic below, which also led to a decline difference again between procurement contracts to contracts sales to their lowest levels as well.

The first scenario, which is expected to happen is to win the opposition and the continuation of quantitative easing from the BOJ either scenario, the other is unlikely somewhat far, to continue the loyalists in power and continue quantitative easing as much current, which will lead to the decline of the dollar against the yen to above New levels of 80.00 to 77.00 levels at least.

ليست هناك تعليقات:

إرسال تعليق