PARIS, FRANCE - MAY 2, 2016 : The Prime Minister of Japan Shinzo during press conference at Elysee Palace (Palais de l'Elysee) for a working visit about the summit of G7 in japan.

Political Events Continue to Pose Risks In what has become a strong theme in forex markets, political events are once again overshadowing basic economic drivers. Following the recent UK and German elections, attention has now shifted to Japan where the traditionally tame and uneventful political climate has been disrupted. Abe Calls Snap Ele...

2017-10-22 James Harte Read more
Forex Market_Shinzo Abe_3011

Shinzo Abe,  Prime Minister of Japan Feb 10th,  US-Japan Summit Japanese PM Shinzo Abe is reported to be preparing pro-active proposals for boosting US growth ahead of his meeting with President Trump this week. If the Trump administration follows through on the President’s promises of significant fiscal expenditure, then the current accoun...

2017-02-08 James Harte Read more
Forex Market_Shinzo Abe_3011

USDJPY has been on a soaring rally following the US elections climbing over 1000 pips from the election day lows. Price is now stalled between the next key resistance at the 115.30s level (prior lows & 61.8% retracement from highs) and key support at the 1.0749 level ( broken trendline & prior highs). In terms of gauging next steps fo...

2016-11-30 James Harte Read more