JPY Trading Outlook Archive

The Japanese Yen (JPY) tested Y82 after the good weekly jobless claims from the US but the market once again sold into the rally to push the major back to opening levels. Overall the USDJPY traded with a low of 81.39 and a high of… Read more

The Japanese Yen (JPY) was able to bounce back slightly from Y81.40 to highs in the US session on stronger US ADP Private Jobs report. The market is still bearish on the Major but most crosses are well supported and this is creating a very… Read more

The Japanese Yen (JPY) was very stable near the Y82 level caught in a weak USD environment but supported from strong crosses. The two safe haven currencies regular compete to be the weakest in the market. Overall the USDJPY traded with a low of 81.89… Read more

The Japanese Yen (JPY) was very stable near the Y82 level caught in a weak USD environment but supported from strong crosses. The two safe haven currencies regular compete to be the weakest in the market. Overall the USDJPY traded with a low of 81.89… Read more

The Japanese Yen (JPY) was strong across the board as the market reversed the losses on Thursday due to the S&amp P downgrade to pushing the major back to Y82. Crosses led the market lower with the risk sensitive AUD/JPY heavily affected. Overall the USDJPY… Read more

The Japanese Yen (JPY) was a big mover yesterday as S&amp P downgraded Japan to AA- on the back of a &amp lsquo lack of a coherent strategy&amp rsquo to deal with their debt situation. USD/JPY moved from Y82 to Y83 very quickly before consolidating… Read more

The Japanese Yen (JPY) tested Y82 again as the Dollar remained under pressure before rallying in the US session on strong housing data. The FOMC statement undid the positive momentum and the pair finished on a weak note.Overall the USDJPY traded with a low of… Read more

The Japanese Yen (JPY) fell back towards Y82 in the US session on speculation that Obama would push for a freeze on certain US Government spending helping yields on US treasuries to fall. The BOJ held at 0.1% as forecast. Overall the USDJPY traded with… Read more

The Japanese Yen (JPY) was stronger against the weak Dollar but mixed against the rest in &lsquo risk on&rsquo trading. News a terrorist attack in Moscow helped the safe haven CHF and JPY but the effects were small and short-lived.Overall the USDJPY traded with a… Read more

The Japanese Yen (JPY) bounced aggressively on strong US jobs and housing data to test Y83 in a widely noticed sigh on strength. Y83.50 has capped the major so far this year and will need to be broken to excite the bulls. Overall the USDJPY… Read more