JPY Trading Outlook (03-12-2010)

The Japanese Yen (JPY) top out again and fell back below Y84 after the USD broadly weakened. Strong risk appetite helped the crosses to small gains however and the market will now wait for the US Nonfarm Payrolls tonight which usually produces a strong reaction on Yen crosses. Overall the USDJPY traded with a low of 83.47 and a high of 84.39 before closing the day around 83.80 in the New York session.

Back to JPY Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.