CMTrading Daily

Global developments, financial news and central bank announcements are one of they key drivers of prices in the forex market. Traders who know when to expect these events and how to trade them are some of the most successful in the industry.

The Japanese yen is one of the most coveted currencies in Asia and the USD JPY is one of the major currency pairs as it is an active market with high amounts of daily trading volume. Even though it may not be the most volatile pair in the market, it still affords exciting profit potential with its intraday movements.