FOREX FORECAST FOR 1 SEPTEMBER

FOREX FORECAST FOR 1 SEPTEMBER

1 September 2017, 12:36
Real Trade
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39

USD/JPY

The pair resumes the growth after falling on Thursday, as Forex traders are preparing to meet the
US jobs report, which may change the look at the FED monetary policy.

USD/JPY increased by 0.1% to 110.06 after a falling of 0.2% on Thursday. The pair increased  by 0.7% since August 25, showing the largest weekly profit since early July.

It is expected that employment data in the US will come out strong today - after a strong ADP employment report. And the US
government bonds will grow to 2.2% -2.3%. It will mean testing levels above the 112.


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