Released on: January 21, 2008, 1:51 am

Press Release Author: finexo gilad

Industry: Financial

Press Release Summary: The JPY stocks have been on the deteriorating trend on
account of weak US economic data which has also affected the other trades, which the
market had been experiencing from the last few weeks.

Press Release Body: The JPY stocks have been on the deteriorating trend on account
of weak US economic data which has also affected the other trades, which the market
had been experiencing from the last few weeks. The Japanese economy on the other
hand has been on the rise, on account of inflation which is on the rise from the
path of long deflation. The recent data on account of exports has also amazed as it
had been high showing signs of healthy exports. Analysts predicts that if there had
been continuous increase in the inflation of the Japanese economy it will definitely
compel the Bank of Japan to increase its interest rates, which is recently at the
lowest level as compared to the other economies of the world which will make the
Japanese yen among the favorites currency to trade with.

US stocks went down on the fears of recession in the economy president George W Bush
provided the incentive worth $150 billion for tax rates and also took various
measures to bring out the US economy and to avoid the recession but still the stocks
went down on the fear that all these steps are not going to ease the US economy from
the state of recession

The Japanese yen has been trading recently at multi-months high against the European
currency and the Swiss franc while it's enduring losses against the British pound
and Aussie, whereas against the greenback it is on the choppy trade. The
greenback-yen pair which had a close of 106.84 during previous week moved to
106.65-106.95, the pair is trading recently at 106.86 according to the recent
reports of forexwebtrader.com for more updates related to forthcoming Bank rates
decision and its outcome to the Japanese economy and currency affect on the yen one
can access the www.forexwebtrader.com which reveals the clear scenario for Japanese
yen.

The Japanese economy is waiting eagerly for recent decision by the Bank of Japan
regarding its upcoming interest rates report on Tuesday. Most of the analysts
believe that the BOJ will keep its rates constant as it is from February. On the
other hand board was in favor to raise interest rates, but there are possibilities
for the Bank of Japan to bring down the rates to avoid the economy falling into the
state of recession.

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