Trade-24.com Reports: Yen vs. Dollar - Gold Losing Value Fast
Poster: SySAdmin
Posted on April 22, 2013 at 1:35:01 PM
Trade-24.com Reports: Yen vs. Dollar - Gold Losing Value Fast
PARIS, April 22, 2013 /PRNewswire/ --
The forex market [http://www.trade-24.com ] analysts of Trade-24 have recently spotted
two major trends that have been dominating the markets. The first is the collapse of the
yen. Most of the trading in the yen occurs against the USD, but JPY crosses are also
active. Pairs like the EUR/JPY, AUD/JPY, NZD/JPY and others have surged in recent months.
The AUD/JPY skyrocketed more than 12% since the beginning of the year.
The USD/JPY has been the center of attention, exploding from the low 80's to hit near
100 last week. Although the pair has already surged more than 20%, Trade-24 analysts
forecast that the pair will extend gains to hit 110 this year, making it one of the best
opportunities this year.
Trade-24 analysts [https://www.facebook.com/trade24 ] explain the reasons to be
USD/JPY bullish (or JPY bearish): For one, the announcement of the Bank of Japan that it
would flood the market with 7 trillion yen ($73 billion) every month, buying Japanese
government bonds and other assets in Japan will hurt the yen. For another, the buying of
Japanese government bonds will diminish the yield on these bonds, prompting Japanese
investors to start buying foreign assets in order to look for higher yields. This will
increase demand for foreign currencies by Japanese investors, driving the yen even lower
in next months.
The Japanese prime minister is backing the actions of the bank of Japan, and this is
another reason indicating the JPY will plummet further this year.
Trade-24 forex trading [http://www.trade24partners.com ] analysts forecast superior
returns from long positions on currencies that have higher interest rates, like the AUD
and the NZD, against the JPY that is being printed by the BOJ. They say the USD/JPY will
also benefit from the quantitative easing monetary policy of the Bank of Japan.
Analysts are forecasting the collapse of the gold. Trade-24 staff report gold will
crush till $1270 in the next weeks on technical reasons. The main reason is that gold has
broken through its long term range sized around $250. When a range is broken, usually, the
afterward move is expected to be the size of the range.
Trade-24.com is loaded with free step by step videos and ebook content to assist in
learning to convert online activity into cash in real time. There is a large Youtube.com
[http://www.youtube.com/watch?v=3L-SF6tB0EE ] library of personal testimonials
[http://www.youtube.com/watch?v=3PePVZz1ShY ] confirming superior customer support and
fast cash on demand payouts.
Jean Claude Gonnet Agency
Email: jeancgonnet@gmail.com
Tel: +1(402)835-4545
Trade-24.com
PARIS, April 22, 2013 /PRNewswire/ --
The forex market [http://www.trade-24.com ] analysts of Trade-24 have recently spotted
two major trends that have been dominating the markets. The first is the collapse of the
yen. Most of the trading in the yen occurs against the USD, but JPY crosses are also
active. Pairs like the EUR/JPY, AUD/JPY, NZD/JPY and others have surged in recent months.
The AUD/JPY skyrocketed more than 12% since the beginning of the year.
The USD/JPY has been the center of attention, exploding from the low 80's to hit near
100 last week. Although the pair has already surged more than 20%, Trade-24 analysts
forecast that the pair will extend gains to hit 110 this year, making it one of the best
opportunities this year.
Trade-24 analysts [https://www.facebook.com/trade24 ] explain the reasons to be
USD/JPY bullish (or JPY bearish): For one, the announcement of the Bank of Japan that it
would flood the market with 7 trillion yen ($73 billion) every month, buying Japanese
government bonds and other assets in Japan will hurt the yen. For another, the buying of
Japanese government bonds will diminish the yield on these bonds, prompting Japanese
investors to start buying foreign assets in order to look for higher yields. This will
increase demand for foreign currencies by Japanese investors, driving the yen even lower
in next months.
The Japanese prime minister is backing the actions of the bank of Japan, and this is
another reason indicating the JPY will plummet further this year.
Trade-24 forex trading [http://www.trade24partners.com ] analysts forecast superior
returns from long positions on currencies that have higher interest rates, like the AUD
and the NZD, against the JPY that is being printed by the BOJ. They say the USD/JPY will
also benefit from the quantitative easing monetary policy of the Bank of Japan.
Analysts are forecasting the collapse of the gold. Trade-24 staff report gold will
crush till $1270 in the next weeks on technical reasons. The main reason is that gold has
broken through its long term range sized around $250. When a range is broken, usually, the
afterward move is expected to be the size of the range.
Trade-24.com is loaded with free step by step videos and ebook content to assist in
learning to convert online activity into cash in real time. There is a large Youtube.com
[http://www.youtube.com/watch?v=3L-SF6tB0EE ] library of personal testimonials
[http://www.youtube.com/watch?v=3PePVZz1ShY ] confirming superior customer support and
fast cash on demand payouts.
Jean Claude Gonnet Agency
Email: jeancgonnet@gmail.com
Tel: +1(402)835-4545
Trade-24.com