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Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en. Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en.

Japan

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USD/JPY

Trade of the week: short USD/JPY

Since we expect the Bank of Japan to hike its rates further and sooner than many expect, we would like to sell USD/JPY on a bounce back to ¥152.60, with a stop loss at ¥154.80, and a downside target at ¥140.80.

2025-02-17T12:45:24+0000