Quantitative Analysis Service, Inc.
News

QAS Alert - Yen – Major Bottom In Place
By: Ken Tower | 29 Dec 2015


 
Yen – Major Bottom In Place
 
•The Yen (JPYUSD) appears to have a major bottom in place. 
•Upside potential is 100 (now 120). 
•Weekly data is positive and improving while Monthly data slowly improves.  
•Our work reflects market forces.  We cannot forecast what Japan’s central bank will do, but our work shows that the most likely path for the Yen is higher if the market is left alone.
 
The Euro is also improving vs. The US$, but more slowly.  For now the greater upside potential appears to be the Yen.
 
US 10 Year Yield – follow-up: Yield is still expected to rise to 2.5% and 2.75%. 
DISCLAIMER

Copyright ©2017 Quantitative Analysis Service, Inc. For confidential use only. Not for circulation, distribution, or publication, except pursuant to license from Quantitative Analysis Service, Inc., the proprietor of all rights herein. All rights reserved. No part hereof may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written consent of Quantitative Analysis Service, Inc.

QAS Alert - Yen – Major Bottom In Place
Copyright 2015 Quantitative Analysis Service. All Rights Reserved