JPY Trading Outlook Archive

The Japanese Yen (JPY) was quiet on Friday with USD strength keeping the USD/JPY close to Y78.50 resistance for most of the day. The Yen crosses are in play with EUR/JPY and AUD/JPY both nearing critical levels of Y100 and Y80 respectively.

The Japanese Yen (JPY) USD/JPY popped higher as the weekly jobless claims dropped dramatically in what may be a statistically anomaly. Resistance was found above Y78.50 and we have eased back slightly since with EUR/JPY and AUD/JPY selling weighing on the major. The G7 meeting… Read more

The Japanese Yen (JPY) traders are looking to test the Japanese authorities with USD/JPY falling back to Y78 ahead of the G7 meeting today in Japan. While constant Jawboning has slowed the Yen accent we are still at historically high levels. Watch EUR/JPY and Y100… Read more

The Japanese Yen (JPY) USD/JPY buying faded with the Yen crosses heavy on Monday. Japan was away and this led to thin conditions but the mood was negative and the Yen strong. The G7 meet later this week in Tokyo and traders are cautious because… Read more

The Japanese Yen (JPY) USD/JPY buying faded with the Yen crosses heavy on Monday. Japan was away and this led to thin conditions but the mood was negative and the Yen strong. The G7 meet later this week in Tokyo and traders are cautious because… Read more

The Japanese Yen (JPY) the USD/JPY was already on the front foot going into the NFP numbers and was unable to break past the Y79 resistance as we closed well supported near Y77.70. The outlook is for more Yen weakness as stocks and the Euro… Read more

The Japanese Yen (JPY) the BOJ met in Asia today and didn’t offer the market any new stimulus and this disappointed the Yen Bears and we saw the Yen strengthen across the board to take back some of the losses from the last 48 hours…. Read more

The Japanese Yen (JPY) USD/JPY is grinding higher as the US Services PMI beat estimates and EUR/JPY is getting fresh support. The USD/JPY move higher is surprising given the USD strength lately. Traders note the BOJ meeting on Friday could produce more dramatic loosening like… Read more

The Japanese Yen (JPY) USD/JPY enjoyed gains as the Yen Crosses led by the EUR/JPY rallied. The AUD/JPY was the obviously exception but the rest of the crosses are well positioned after 2 days of grinding higher to start the week. USD/JPY is pushing into… Read more

The Japanese Yen (JPY) more jawboning overnight from Japanese Econ Min stating that Japan could possible start buying foreign bonds. The extreme option will directly weaken the Yen in favor of the countries bonds they are buying. The move is still not likely and last… Read more