JPY Trading Outlook Archive

The Japanese Yen (JPY) had a very quiet end to the weekend trading in a 50 pip range above Y83. Crosses were more volatile tracking the majors with AUD/JPY falling sharply on the China news and EUR/JPY reacting to Irish news flow. Overall the USDJPY… Read more

The Japanese Yen (JPY) popped higher on the very good US Philly Fed numbers to fresh month highs above Y83.80. The market is beginning to focus on the topside with improving US data and improving risk sentiment helping the Yen Crosses rally. Overall the USDJPY… Read more

The Japanese Yen (JPY) the rally ran out of steam as the USD failed to extend gains and support was tested on the downside. Y83.00 held firm the major stayed in tight range for the rest of the trading day. Overall the USDJPY traded with… Read more

The Japanese Yen (JPY) weakened against the strengthening dollar but was well support of safe haven flows against most crosses. USD/JPY pushed for fresh month highs above Y83.50. Overall the USDJPY traded with a low of 82.83 and a high of 83.61 before closing the… Read more

The Japanese Yen (JPY) pushed above Y83 after the strong US retail Sales numbers but had earlier kept the level under pressure with many traders turning bullish after months of selling. Q3 GDP improved to 0.9% vs. 0.6%. Overall the USDJPY traded with a low… Read more

The Japanese Yen (JPY) the dip on the major was bought back up with the market looking to test topside resistance at Y83. AUD/JPY was hurt hard as the risk sensitive currency tracked stock markets lower. GBP/JPY continued to be well supported. Overall the USDJPY… Read more

The Japanese Yen (JPY) USD strength helped the major stay above Y82 even as crosses came under pressure from risk averse selling. EUR/JPY is struggling to find support breaking back below Y113. Overall the USDJPY traded with a low of 82.02 and a high of… Read more

The Japanese Yen (JPY) rallied as the market turned slightly bullish after consolidating for the previous few trading session and the Dollar gained ahead of the G20 meeting. Resistance was found ahead of Y83 but the market has been short for months so on the… Read more

The Japanese Yen (JPY) was under pressure during Europe but rallied aggressively on the move higher in US bond yields on fears of QE sparked inflation. Resistance was found at the Y82 level with the downtrend under threat. Overall the USDJPY traded with a low… Read more

The Japanese Yen (JPY) kept inside a 50 point range with USD strength helping to negate EUR/JPY weakness. The market is holding for fresh direction and news, with the G20 looming the risks for intervention are low but major USD weakness is also seen limited…. Read more