The Japanese Yen (JPY) pushed higher in the Asian session as US Treasury Sec Geithner said he did not perceive the Euro and the Japanese Yen to gain much further against the USD. Nonetheless the USDJPY failed to break out of its recent range trading… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (22-10-2010)
October 22, 2010Japanese Yen (JPY) Trading Outlook (21-10-2010)
October 21, 2010The Japanese Yen (JPY) with little data released, the USDJPY pair was once again was subdued playing second fiddle to the EUR, AUD and XAU. The Japanese Yen traded at 15 year highs once more versus the dollar, but failed to break through on the… Read more
Japanese Yen (JPY) Trading Outlook (20-10-2010)
October 20, 2010The Japanese Yen (JPY) eased slightly against the dollar, in arguably the most subdued performing currency on Tuesday. Overall the USDJPY traded with a low of 81.15 a high of 81.92 before closing the day at 81.54
Japanese Yen (JPY) Trading Outlook (19-10-2010)
October 19, 2010The Japanese Yen (JPY) was largely subdued on Monday trading within a tight range, albeit below mid-September intervention levels. The USDJPY traded with a low of 81.13 and a high of 81.47 before closing the day at 81.16.
Japanese Yen (JPY) Trading Outlook (18-10-2010)
October 18, 2010The Japanese Yen (JPY) traded at 15 year highs for the second successive day against the USD. On the domestic front, Production fell by -0.5% for the month of August. The USDJPY traded at a low of 80.90 and a high of 81.62 before closing… Read more
Japanese Yen (JPY) Trading Outlook (15-10-2010)
October 15, 2010The Japanese Yen (JPY) set fresh 15 yeah highs against the USD, breaking the currency out of its tight range seen the previous day. Ignited by the Singapore Central Bank, the Japanese Yen found large demand on a knock on effect. The USDJPY traded at… Read more
Japanese Yen (JPY) Trading Outlook (14-10-2010)
October 14, 2010The Japanese Yen (JPY) machinery orders reached two year highs in what was an uninspiring trade day for the Yen. The Japanese yen traded in an extremely tight range with a low of 81.72 and a high of 81.95 before closing at 81.76
Japanese Yen (JPY) Trading Outlook (13-10-2010)
October 13, 2010The Japanese Yen (JPY) continues to target record highs of 79.75 versus the dollar, despite household confidence easing to 41.2 on Tuesday and MOF comments that intervention will continue to be an option to prevent excessive JPY strength, the USDJPY continues to trade at 15… Read more
Japanese Yen (JPY) Trading Outlook (12-10-2010)
October 12, 2010The Japanese Yen (JPY) was little changed due to market holidays, with no developments from Japan during Monday&rsquo s trade. The USDJPY continues to trade below BoJ intervention levels seen mid-September. The USDJPY traded with a low of 81.40 and a high of 82.19 before… Read more
Japanese Yen (JPY) Trading Outlook (11-10-2010)
October 11, 2010The Japanese Yen (JPY) closed below previous BoJ intervention levels for the second successive day to trade at a fresh 15 year low. Japanese Finance Minister Noda indicated that further intervention was a distinct possibility to limit further Yen strength in light of recent currency… Read more