if you are interested in it ,
Get free samples :sales@edabearings.com
The yen bulls are in pain in the last quarter of 2019, but if history is any guide, a good day may be around the corner.
January turned out to be good for the yen, which has appreciated against the dollar for seven of the past 10 years. Some strategists in Tokyo expect this to happen again in 2020.
The possibility of a stronger yen is supported by a seasonal pattern, according to data from Oriental Huili, in which the dollar usually weakens at the beginning of the year as global investors sell dollar assets for new overseas investment.
"The dollar has risen only once against the yen since January 2014." "With this in mind, traders may want to sell dollars by the end of the year or around the beginning of next year," said Yuji Saito, executive director of the bank's foreign exchange arm in Tokyo
PREVIOUS:Deliver good voice of supervision and industry inside and outside the industry NEXT:Iraq condemns us air strikes