ANALYSIS
NQ100 Finds Support from PPIApr 14
USDJPY Updates Peak of 24 Years; Once Again !
The announcement by the Central Bank of Japan (BoJ) that it would increase its purchases of Japanese government bonds (JGB) in regular open market operations (OMO) has accelerated the sales of the yen by highlighting the monetary policy divergence adopted with the FED. From this point of view, the parity, which refreshes the peak of 24 years, can be targeted at the level of 146.25 following 145.40 in its permanence above 144.00. In case of possible sagging below 144.00, the range of 143.10 – 142.35 can work as a power collection zone.
