Important events today:

No influential macroeconomic events are expected.

USDJPY:

The drawdown of quotes gives rise to considering Buy positions for two reasons.

Firstly, the rise in interest rates at the international bank in London will have a favorable effect on the price of USD, as bankers expect the FRS rate to rise in the middle of next year and are working in advance with this factor in mind.

Secondly, the growth of the US stock market is expected, which will also have a positive effect on the price in this currency pair, since assets are historically correlated with each other. If last week the Fed reduced the rate of asset purchases through the sale of mortgage bonds, then this week the Fed will increase asset purchases, both through mortgage and treasury securities. The increase in USD liquidity in the financial system will have a positive effect on the American stock market.

Recommendation: Buy 112.84 / 112.50 and TP 113.81.