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    USD/JPY: general analysis on 16.04.2015

    The American dollar continues to decline against the Japanese Yen amid bad American macro-economic statistics. The pair is traded in the range of 119.20-119.44. Many analysts fear that despite economic stimulus measures, the USA can come up to the brink of recession. New York’s manufacturing sector statistics was lower than expected. In April this index fell to -1.19 points, which is the lowest level in the last 23 months; while analysts forecasted the rise to 7.17 points. The other negative factor is the decrease in new industrial orders. This index has been declining for the second consecutive month and has reached -7 points.

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