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    BRAND MARKET ANALYSIS AND NEWS Increased volatility in JPY pairs helps traders! Market News

    USDJPY, Daily

    JPY has plummeted today after the Bank of Japan announced that it included negative interest rates in its policy arsenal. Until as lately as last Thursday the BoJ governor Kuroda emphasised that the bank not consider negative rates. But now that the ECB is promising more QE in March governor Kuroda is taking a leaf of out of Swiss National Bank’s book and introduces negative rates to prevent safe haven flows into Japanese currency.

    This created a huge up move in USDJPY and EURJPY among the others. Such a volatility means that traders who know what they are doing will make vast amounts of money with a higher certainty and relatively fast. When market has momentum trading gets easier, but you have to know what to look for. In next Tuesday’s Live Analysis Webinar I will teach you techniques that will help you to identify these opportunities and make money instead of sitting in the sidelines while others (those that are in the know) enjoy the action!

    The above chart shows a beautiful up move that everyone would love to catch. Our Senior Currency Strategist John Knobel identified a bullish setup a few days ago and helped our traders to be long USDJPY before Kuroda annouced the surprise news. However, if you missed John’s trade idea, you surely want to have tools for engaging the market after the news comes out!

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    Register HERE! The next Live Analysis Webinar will start in:


     

    Janne Muta

    Chief Market Analyst

    HotForex

    Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

     


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