Forex : How We Trade in Forex by News Analysis ? - The Factors That Affect on Japanese Yen value

I talked in previous articles about the factors that affect  on US Dollar , Euro and Pound Values you Can read all


Today I'll explain the factors that affect on Japanese Yen

Japanese Yen

The Japanese Central Bank or Bank of Japan : holding 12 meetings yearly to discuss the financial policy
Haruhiko Kuroda is the governor of the bank of Japan
Most Peak Trading Hours : is when the trading session beginning in Tokyo   and usually the Japanese economical reports issued between 7 AM : 1 PM  timing Eastern time, and it's possible that USD/JPY pair Make many movements in this this time

Haruhiko Kuroda

?What The Japanese Economy Depends on

The Japanese Economy depends on services sector which represents %70 from total economy , the Japanese Economy is the second largest Economy in the world after US Economy

The Japanese Economy depends on exports too , so Bank of Japan makes the value of Yen more weaker

: The Most Important Trading Partners For Japan

United States is the biggest partner in exports
China is the biggest partner in imports

: The Economic Releases Which Affect on The Market Moves

Japanese Central Bank reports about the prices are the most important indicators which move the market and can create many Vicissitudes in currency
Employment Report
Consumption Report

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