EUR/JPY Outlook (11 June 2021)

avatar
· Views 311

#OPINIONLEADER#

EUR/JPY Outlook (11 June 2021)

ByJin Dao Tai

 JUN 11, 2021

EUR/JPY Outlook (11 June 2021)

Overall, EUR/JPY is trending upwards.

During the monetary policy meeting yesterday, the European Central Bank (ECB) kept its monetary policy unchanged. The central bank has also stated in the monetary policy statement that it “expects net purchases under the PEPP over the coming quarter to continue to be conducted at a significantly higher pace than during the first months of the year”. During the press conference, ECB President Lagarde mentioned that no discussions were made on exiting the Pandemic Emergency Purchase Programme (PEPP) as it is still premature to do so. Nonetheless, the central bank has revised its GDP projection upwards from 4% to 4.6% in 2021 and 4.1% to 4.7% in 2022. Inflation projection has also been revised upwards from 1.5% to 1.9% in 2021 and 1.2% to 1.5% in 2022.

Day 1 of the G7 meetings will be held today. During this time, there may be volatility in the market. Also, day 2 and 3 of the meetings will be held over the weekend.

EUR/JPY’s next support zone is at 132.800 and the next resistance zone is at 134.300.

Look for short-term buying opportunities of EUR/JPY.

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest