Home Forex News Japan Monetary Base Up 16.3% On Year In October

Japan Monetary Base Up 16.3% On Year In October

51
0

Japan monetary base was up 16.3 percent on year in October, the Bank of Japan said on Wednesday, coming in at 601.284 trillion yen. That follows the 14.3 percent jump in September. Banknotes in circulation rose 6.0 percent, while coins in circulation gained 2.1 percent. Current account balances soared an annual 19.2 percent, including a 19.9 percent spike in reserve balances. The adjusted monetary base skyrocketed 28.7 percent at 597.879 trillion yen.

TREND : WEAK BULLISH

Time                                      :           04/11/2020

Pivot                                     :         104.88

Technical View                     :           LONG ABOVE 105.08

Target                                   :         105.28, 105.51, 105.89, 106.36

Technical View                      :           SHORT BELOW 104.68

Target                                   :          104.48, 104.24, 103.87, 103.38

LEAVE A REPLY

Please enter your comment!
Please enter your name here