Dollar VS Yend Fundamental Effect

The movement of the exchange rate of the Yen since trade Asian session until the middle of the trading session of the Europe day on Tuesday (15/12) consolidation byattraction sentiment weakening u.s. economic data to be released tonight and the safe haven sentiment ahead of pengumuan interest rates the Fed Thursday.

The movement of the us dollar index trades observed this afternoon trying to risefrom the weakening of outset of trade responding to U.S. inflation data indicated the downturn shows data from the previous period.

But fears of turmoil on foreign exchange market will be on the moment of the announcement of the Fed's latest policy after a decade that is raising interest rates seefrom the lowest position. The announcement will be made after the monthly meetingsof the last FOMC this year which begins this evening.

The movement of the exchange rate of the yen amid the European session (10:00:35 GMT) weakened against the u.s. dollar, USDJPY opened weak at 121.04 in early trade (00.00 GMT), the exchange rate of the yen down 3 pips or 0.01% and the value of the pair is rolling on 121.07.

To trade further, analyst Vibiz Research Center estimated the pair USDJPY can rise to the level of 121.47, but otherwise managed to penetrate then will happen again to the correction level of 120.46.