USD/JPY Forecast – US Dollar Continues to See Upward Pressure [Yahoo! Finance]
Core & Main, Inc. Class A (CNM)
Company Research
Source: Yahoo! Finance
just doing nothing because quite frankly, we're at the highs, but there isn't a whole lot out there in the realm of economic announcements to get the market moving. The fact that we're just hanging out in this area though, does suggest that there is plenty of strength and if we do get a pullback, it'll end up being a buying opportunity. The interest rate differential of course, favors the United States as although the Bank of Japan recently raised interest rates, it is still only one tenth of a percent. In other words, you could drive a truck through the interest rate differential of these two currencies. You get paid to hang on to this pair, and I think that's what most people are paying attention to. I know I certainly am, and therefore, I'm just waiting to see if we can break above the crucial 152 yen level. If we can, then I think it opens up a move to the 155 yen level given enough time. Short-term pullbacks continue to be buying opportunities, with the 150 yen level undernea
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