Japanese PPI appreciates, so Yen appreciates

Japanese PPI appreciates, so Yen appreciates

By: James Ansher | Where To Trade | On:Wednesday, 14 December 2016
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 Where to Trade- Chinese overextended firms might be in trouble as bonds grind higher. The CNY/USD pair closed at 0.1449 in the previous session. 
Pound finds support as UK's inflation expectations edge higher. The GBP/USD pair had a previous close of 1.2658.
The S&P 500 continues its bullish trend. Sharp jump in oil prices keeps the bullish momentum healthy. The S&P 500 previously closed at 2,267.75. 

The FOMC Press Conference will start at 19:30 GMT. High volatility should be expected in the AUD/USD pair. The Aussie Greenback pair closed at 0.7500 in the previous session.

US Core Retail Sales will be released at 13:30 GMT. Euro finds support for weak US data. The EUR/USD closed at 1.0624 in the last session.
Japanese PPI appreciates, so Yen appreciates. Dollar should depreciate against the Yen as US Core Retail Sales will be disclosed at 13:30 GMT. The JPY/USD pair closed at 115.19 in the previous session. 


Video Summary:

  • China: Chinese overextended firms might be in trouble as bonds grind higher
  • United Kingdom: UK's inflation expectations edge higher
  • Australia: The FOMC Press Conference will start at 19:30 GMT
  • USA: US Core Retail Sales will be released at 13:30 GMT. 
James Ansher

James Ansher

When there is a will there is a trade

A successful Forex trader and expert advisor

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