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The Yen Is Set To Explode, As Inflation Rate Released On Friday
This week may see most of the Yen pairs exploding and dwindling into a high volatile directionless move. As it seems, currency markets are set to get really confused over the future of further Yen weaknesses and Quantitative easing program. The catalyst is Tokyo’s Consumer Price index April reading 2014. There will be two inflation rates released, Tokyo and National inflationary rate or simply called CPI. The two numbers are set to be released early Friday 00:30 GMT, 21st April 2014. Tokyo’s CPI is expected to be 2.7% m/m, which is a +1.7% change since March reading. However, the National CPI is expected slightly ... (full story)
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