我们的团队有超过700万的操盘手！
我们每天都在一起努力改善交易。我们得到了很高的成绩，并继续前进。
世界各地数以百万计的操盘手的认可是我们工作的最大赞赏！ 您做出了您的选择，我们将尽一切努力来满足您的期望！
我们是一个共同的伟大团队！
InstaSpot. 自豪地为您工作！
The yen gained strong momentum amid a risk-averse tone. USD/JPY dipped to its 8-month lows at 105.25 on Friday, and the yen has maintained a robust tone as a Tokyo market holiday limited activity. USD/JPY has now re-tested the 105.25 level.
EUR/JPY has broken below 118.00 for lows around 117.60, the weakest level since April 2017.
Confidence in the global growth outlook has continued to weaken amid an increase in trade tensions following President Trump's move to put tariffs on all remaining Chinese exports from September 1st. The yen will continue its uptrend in the short term as risk appetite remains extremely fragile.
US Treasuries gained ground on Monday with the 10-year yield declining almost by 1.70%.
Market expectations of the further Fed Funds rate cuts this year are increasing. Futures markets are indicating an 87% chance of at least two further rate cuts by the end of 2019.
The Bank of Japan will maintain a very expansionary monetary policy, but there are major limits to further easing. In relative terms, Japanese yields increased, especially given the German yields at record lows.
CFTC data recorded a significant net increase in long, non-commercial yen positions for the latest week to over 10,000 contracts. This was the first long position for over 13 months and highest since November 2016.
Therefore, short positions on the yen will be less likely to be reduced.
Political factors will remain important. Short-term fears will increase, especially as the weaker Chinese yuan will undermine Japan's competitiveness.
Intervention is an important weapon, but there will certainly be a cautious stance in the short term given the on-going issue of relations with the US. Aggressive intervention by the Japanese Finance Ministry (MOF) to weaken the yen would risk a hostile reaction from President Trump and the US Administration. Japan might also be accused of currency manipulation, and the MOF is likely to be tentative and choose their battles carefully.
The USD/JPY pair's break below 105.00 would risk stop-loss dollar selling, but there will be strong support around March 2018 lows just above 104.60.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
InstaSpot分析评论将让您充分了解市场趋势！ 作为InstaSpot的客户，您将获得大量的免费服务以实现有效的交易。
