Tracking the JPY: Is the JPY near an inflection point?
Speaker: Sze Han Yeo | Assistant Manager, Dealer | Contract for Differences
Date : 14 Sept 2023
Did you know that the Japanese Yen (JPY) is one of the most actively traded currencies in the world and it is widely used as a third reserve currency by central banks around the world, after the USD and EUR?
The JPY has a unique profile as a safe-haven currency and it had served a pivotal role in many global crisis in the past. However, it has depreciated significantly in value against most major global currencies in the past year. What had caused this shift and are conditions in place to cause a reversal in the trend?
This webinar will cover:
- Introduction to trading FX CFD
- Discussion of key historical events causing the rise and fall of the JPY
- Technical analysis and the outlook for JPY