JPY Trading Outlook Archive

The Japanese Yen (JPY) was strong against the USD as risk off trading and support broke at Y82.40. Support under Y82 was found however and the major was able to recover slightly into the close. The medium term outlook is still mixed with US economic… Read more

The Japanese Yen (JPY) was contained to Monday&rsquo s range with the market moving on US Treasury Yield fluctuations predominately. Crosses are reflecting moves in their respective majors so are all moving higher tracking equity markets led by the EUR/JPY. Overall the USDJPY traded with… Read more

The Japanese Yen (JPY) was quiet falling back from Y83 after failing to gain a foothold above the level. Support is found on dips with Yen crosses strong over the last week. Overall the USDJPY traded with a low of 82.34 and a high of… Read more

The Japanese Yen (JPY) USD weakness pushed the major lower but support was found at Y82.40 and the pair rebounded to the familiar Y83 level. AUD/JPY fell on the China news but the EUR/JPY remained strong. Overall the USDJPY traded with a low of 82.41… Read more

The Japanese Yen (JPY) was slightly stronger against the beleaguered USD but most crosses rallied as EUR/JPY soared. Overall the USDJPY traded with a low of 82.53 and a high of 83.17 before closing the day around 82.80 in the New York session.

The Japanese Yen (JPY) the major was supported from strong Crosses with AUD/JPY and EUR/JPY leading the market higher in buoyant trade. The Y83.50 to Y82.80 range has been holding for a week now with the market hesitant to pick direction. Overall the USDJPY traded… Read more

The Japanese Yen (JPY) USD/JPY found support from moves higher in EUR/JPY but the market was capped by heavy AUD/JPY selling. The major is very range bound with a break of Y81 or Y85 needed to suggest fresh direction. Overall the USDJPY traded with a… Read more

The Japanese Yen (JPY) was slightly lower under Y83 but the market is undecided on future direction with US Bond Yields the major catalyst for recent moves and risk on or off moving the Yen crosses. Overall the USDJPY traded with a low of 82.65… Read more

The Japanese Yen (JPY) fell with the weaker than expected US Jobs Data back below Y83 before finding support and consolidating just above the figure. EUR/JPY fell to multi week lows under Y108 and is poised for more losses as sentiment sours. Overall the USDJPY… Read more

The Japanese Yen (JPY) was extremely contained holding above Y83 but not pushing higher as the market waits for tonight&amp rsquo s critical NFP data. Continued USD strength and improving data could prompt a trend change with many players short for the previous year. Overall… Read more