আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?
USD remains popular among Japanese retail investors – Nomura
FXStreet (Barcelona) - FX Strategists at Nomura, comment on the weekly JPY flow developments into FX, and further note that dip-buying demand for USD/JPY from retail investors is likely to remain high.
Key Quotes
“The share of retail investors expecting USD/JPY depreciation over the next three months was largely unchanged at 54.8% from the previous survey (54.9%). The reference rate (119.08 as of 6 April) was slightly lower, suggesting that they see a limited upside risk for USD/JPY above 120 in a few months.”
“High-frequency toshin flow data still suggest a stronger preference for foreign assets over domestic assets, and retail investors are building JPY short positions again in the margin trading market. Thus, dip-buying demand for USD/JPY from retail investors is likely to remain high.”
“USD also remains the most popular currency among retail investors. 38.5% of respondents said USD was the most attractive of the eight major currencies, while only 6.3% of respondents said USD was the least attractive.”
“More retail investors judged CNY, EUR, and BRL were unattractive than attractive, while preference for BRL deteriorated further.”
“While near-term expectations for USD/JPY appreciation are declining, USD should still benefit as retail investors accelerate foreign investment.”