JPY Trading Outlook Archive

The Japanese Yen (JPY) very quiet with holiday trading keeping the major in a 40 pip range orbiting the Y84 level. EUR/JPY was much more volatile as the Irish downgrade sent the pair down 200 Sen in 2 hours. Overall the USDJPY traded with a… Read more

The Japanese Yen (JPY) found support under Y84 as the market consolidated the move higher. AUD/JPY and GBP/JPY were strong as sentiment improved in the US session. Overall the USDJPY traded with a low of 83.86 and a high of 84.47 before closing the day… Read more

The Japanese Yen (JPY) broke above Y84 and surged to month highs at Y84.50 on increasing US yields and noticeable change in medium term outlook from many analysts. The multi year down trend found support near all time lows at Y80 and is beginning to… Read more

The Japanese Yen (JPY) tested below Y83 before stronger US Retail Sales helped the pair begin to rally when US bond yields increased after the FOMC. The US and Japan have similar Interest Rates at near 0% so any move higher in US interest rate… Read more

The Japanese Yen (JPY) the Dollar moved lower dragging USD/JPY towards Y83 before buoyant crosses helped to lift the major off lows. AUD/JPY pushed above Y83 and EUR/JPY tested Y112 before easing slightly. Overall the USDJPY traded with a low of 83.03 and a high… Read more

The Japanese Yen (JPY) USD strength saw a grind higher on the major towards Y84 before consolidating in a quiet market. The market is also watching the BOJ closely to see if they will expand their own QE program. Overall the USDJPY traded with a… Read more

The Japanese Yen (JPY) struggled to push above multimonth resistance at Y84.40 and spent most of the day with a slight downside bias. Support was found at Y83.50. Q3 GDP at 1.1% vs. 1.0% forecast y/y. &nbsp Overall the USDJPY traded with a low of… Read more

The Japanese Yen (JPY) resumed its rally breaking above Y84 on steady buying throughout the day. Crosses are enjoying gains as well with most trading in a buoyant tone. Overall the USDJPY traded with a low of 83.46 and a high of 84.32 before closing… Read more

The Japanese Yen (JPY) has a very close relationship with US bond yields and Interest rate expectations moving sharply to the topside last night with yields rising. USD/JPY surged back above Y83 and most crosses remained buoyant. Overall the USDJPY traded with a low of… Read more

The Japanese Yen (JPY) was the quietest pair in the market ranging in 30 pip range for most of the day against the USD but did manage gains against the EUR and GBP. The USD/JPY direction will be largely dependent on the US data this… Read more