Our Forex Trading signals increasingly forecast that the Japanese Yen will gain against the Euro, US Dollar, Australian Dollar, and Swiss Franc. Indeed, the trading signals sold these major Yen pairs as of Friday and Sunday’s trading sessions—a prescient move given extraordinary Yen gains. Increased uncertainty surrounding the final fate of the US Treasury’s bailout of mortgage and credit markets has sent the Dow Jones Industrials lower, and fragile market conditions may indeed continue to boost the low-yielding Yen against higher-yielding counterparts.
Keep track of these Japanese Yen trading signals and others on our Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates, as our automated forex signals can and do change on a daily and intraday basis.
For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.
