During the night, the Japanese yen weakened relative to the dollar.

21-09-2017 11:00:48
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During the night, the Japanese yen weakened relative to the dollar. US Federal Reserve has decided to start the buy-out program for the next month, and it is also anticipated that a third increase in interest rates in December could be expected (which was the subject of a question mark). The current interest rate was retained at the existing level (+ 1.25%). This morning, this currency pair trades at a level of 112.36 yen for one dollar, which at the beginning of the European session makes the yen weaker than the dollar by 0.19%. Earlier in the morning, a press conference of the Japan Bank will be held, and the interest rate is expected to remain in the negative territory. At 14:30 pm, a Fed’s Philadelphia Branch’s production index will be published, so-called. Philiy Fed.

USD/JPY analysis by SGT Markets Forex Broker and CFD | September 21, 2017

USDJPY indicators | September 21, 2017 | sgtmarkets.com