Dollar yen forex forecast pair USD / JPY today 05/15/2018
Today, forex traders on the USD / JPY is worth waiting for the continuation of the upward trend for two reasons.
First, the yield differential of US and Japanese 10-year bonds rising in the credit market, it is a positive factor for buyers pair USD / JPY. Bank of Japan continues to keep bond yields in the region of 0.1%, while US Treasuries show growth of profitability on the background of "bull rally" in the market of black gold.
Second, the stock market in the United States fear index VIX S & P500 has updated the five-day minimum that signals a continued interest in shares in the United States. For a pair of USD / JPY a positive signal because it has a strong correlation with the US stock market.
USD / JPY recommendation: Buy 109,80 / 109,50 and tak an e profit 110.50.
Company analyst FreshForex