This week we are excited to look at the Japan for the Japanese Grand Prix. It is one of the greatest tracks used in Formula One racing today; the Japan's Suzuka circuit is a massive test of car and driver ability. It was built by Honda as a test facility in 1962, the track was designed by Dutchman John Hugenholz, the Hermann Tilke of his day. A huge theme park was also constructed at the track, including the famous big wheel which dominates the Suzuka skyline.
The track has also become a favourite with drivers, featuring some of the F1 calendar's most challenging corners. Among the most popular are the high-speed 130R and the famous Spoon Curve. On top of this the circuit's figure-of-eight layout makes it unique in F1 racing.
Japan's economy has gain positive traction over the past 12 months and it looks like Shinzo Abe's reforms are paying dividends.
In the coming weeks we expect the consolidation of the USD/JPY pair in the broad range of 118.5-121.5, considering the fact that in September the Bank of Japan and the US Fed made no changes to their asset purchase volumes and key interest rates.
At the same time, judging by statements made by several Fed officials at the end of September, the Fed rate hike before the end of the year is entirely possible. In the long term the USD/JPY pair will likely test its high for the year of 125.
EXNESS wishes the IRBR team and drivers the best of luck this weekend at this unique venue
Stage is now set for today's race at Japanese Grand Prix 2015. In free practice session Red Bulls Daniil Kvyat topped the timesheets at a soaking Suzuka, clocking one minute and Daniel Ricciardo clocked the fourth fastest time! Visit : https://www.exness.com/register/a/7081235
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