PP Link Securities Co., Ltd
  • Derivative Broker
  • About DB
    • Who We Are?
    • Our Services
    • Our Products
  • Market Overview
    • Daily Analysis
    • Market Notice
    • Economic Calendar
    • Market Price
  • Platform
    • MT5
  • Client Support
    • Account Opening
    • Deposit and Withdrawal
    • Disclaimer
  • More
    • FAQ
    • Careers
    • Contact Us
  • Our Licenses
    • Securities Broker
    • Derivative Broker
    • Securities Selling Firm
  • English
    • 简体中文
    • ភាសាខ្មែរ
PP Link Securities Co., Ltd
  • Derivative Broker
  • About DB
    • Who We Are?
    • Our Services
    • Our Products
  • Market Overview
    • Daily Analysis
    • Market Notice
    • Economic Calendar
    • Market Price
  • Platform
    • MT5
  • Client Support
    • Account Opening
    • Deposit and Withdrawal
    • Disclaimer
  • More
    • FAQ
    • Careers
    • Contact Us
  • Our Licenses
    • Securities Broker
    • Derivative Broker
    • Securities Selling Firm
  • English
    • 简体中文
    • ភាសាខ្មែរ
Home -> Derivatives Broker -> Daily Analysis -> Today’s outlook
  • 12-07-2022

Today’s outlook

The dollar-yen pair broke above the latest high of 137.01, which was recorded on June 29, and has surged to 137.76, the highest in about 23 years and 10 months since September 1998. From a technical point of view, it can be judged that the formation is extremely strong, such as strong buying signals (such as Ichimoku Kinko Hyo SANYAKU turn around and bullish perfect order) are lit on all tenors from the upper leg to the lower leg.

From a fundamental point of view,

(1) hawkish tilt observation by the US Fed (last week, several US officials re-emphasized that “the attitude to prioritize inflation control over the economy”. US June ISM non-manufacturing business conditions index and the June employment statistics showed strong content also supported the observation of continuous significant rate hikes), and

(2) the Fed’s observation of prolonged monetary easing (Governor Kuroda said yesterday that “additional easing without hesitation if necessary” is hawkish. Re-emphasizing this stance), (3) Japan-US monetary policy disparity against the background of (1) and (2) above dollar buying and yen selling due to widening of the nominal interest rate difference between Japan and the United States.

(4) Observation of the depreciation of the yen by the Japanese people (the Liberal Democratic Party overwhelmingly in the election of the House of Councilors on the weekend → the view that the Japanese people accepted the depreciation of the yen at the moment is expanding), etc.

Based on the above, we will continue to anticipate the continued growth of the dollar-yen exchange rate as the main scenario (psychological milestone 140.00 is the next target).

Today, attention will be focused on the Japan-US Finance Ministers’ Meeting (Finance Minister Shunichi Suzuki and US Treasury Secretary Janet Yellen) starting at 15:45 Cambodian time. Market interest has shifted to the views of the two ministers on the “weak yen”, but as mentioned above, the US has shown its willingness to tolerate a stronger dollar for the time being, which will lead to inflation control. For this reason, it should be noted that the dollar-yen pair will surge after the Japan-US finance ministers’ meeting.

Today’s forecast range: 136.70-138.50

Analyzed by: Mr. Naoto Arase, Head of Fintech of PP Link Securities

Disclaimer:
PP Link Securities Co., Ltd. endeavors to ensure the accuracy and completeness of this research report. However, as the market is subject to change, the Company and our subsidiaries do not guarantee its completeness and accuracy, and the information is for reference only. Any person shall not regard such information as PP Link Securities Co., Ltd. on leveraged foreign exchange, precious metals, stocks, and other financial products to provide real quotes, suggestions, solicitation, and inducement of investment. Guests should be aware of the risks involved in the investment, the volatility of the investment market, and the risk of loss can be very big, guests must carefully consider their own financial situation and investment purposes, to decide the direction of investment and the kind of investment products that are suitable for their owns.

每日分析

03-08-2023

Today’s Outlook

03-08-2023

Where is Gold heading?

13-07-2023

USD/JPY Outlook (13/July/2023)

12-07-2023

Today’s Outlook for USD/JPY

07-07-2023

Gold Prices ahead US job data

06-07-2023

Outlook for Today

  • About Us
  • Company News
  • FAQ
  • Careers
  • Contact Us
  • Our Licenses

© 2025 PP Link Securities Co., Ltd.

PP Link Securities Co., Ltd., registered in Cambodia as a Derivatives Broker under registration number 00036349, is regulated by the Securities and Exchange Regulator of Cambodia.

Registered Address: Ground Floor, Golden Tower, No.158-166, Street 215, Village 08, Sangkat Veal Vong, Khan 7 Makara, Phnom Penh. Contact: info@pplinksecurities.com.kh.

Risk Warning: Trading Derivatives carries a high level of risk to your capital; only trade with money you can afford to lose. Derivatives trading may not be suitable for all investors; fully understand the risks and seek independent advice if necessary.

You do not own or have rights in the underlying assets. Past performance does not indicate future performance, and tax laws are subject to change. The information on this website is general and does not consider your or your client’s personal objectives, financial circumstances, or needs.

The information on this site and the products and services offered are not intended for distribution to the U.S. or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.