JPY Trading Outlook Archive

The Japanese Yen (JPY) the USD/JPY hit Y77.50 support before reversing for most of the US session last Friday to close at Y78. The outlook is for more losses as the USD weakness but we have seen the pace of downside has been very slow…. Read more

The Japanese Yen (JPY) the USD/JPY is pressuring the lows to Y77.50 and is threatening to break lower and test Y77 if the USD continues to be sold. Official Jawboning is continuing with the finance minister expected to talk about the Yen strength at the… Read more

The Japanese Yen (JPY) USD/JPY is range trading in a 30 pip range between Y77.60-90 and is waiting for further catalyst to continue either the selling or stage a relief rally. EUR/JPY is now under Y100 and is struggling still to find support.

The Japanese Yen (JPY) USD/JPY’s time below Y78 continued with a small rally up to Y77.90 being reversed back to Y77.70. The big selling pressure and hence Yen strength is seen on the EUR/JPY and AUD/JPY both of which dropped to new levels overnight. EUR/JPY… Read more

The Japanese Yen (JPY) USD/JPY fell below Y78 and found support at Y77.85 but it still pressuring the downside as risk aversion sinks the Yen crosses. EUR/JPY is eyeing a retest of Y100 and AUD/JPY is just above Y81 but falling most of yesterday. More… Read more

The Japanese Yen (JPY) the USD/JPY is finding support at Y78 and is bouncing along waiting for a further catalyst. The weak USD from the QE3 news is pressuring the downside but jawboning from the Japanese Authorities is growing louder and the BOJ itself has… Read more

The Japanese Yen (JPY) the USD/JPY trundled along the Y78.20 not moving much on the day with strong support seen at the Y78 level once again. The QE3 Dollar weakness has been countered effectively by the BOJ’s own bond buying program.

The Japanese Yen (JPY) the USD/JPY had an extremely volatile trading day up above Y79 before reversing sharply later back to the low Y78 levels. The initial rally was on the back of the BOJ announcing Y10 Trillion more Bond Purchases and removing the minimum… Read more

The Japanese Yen (JPY) USD/JPY is retesting Y79 today in Asia as the BOJ announce fresh easing measures to help stimulate a faltering recovery. The BOJ is targeting to get inflation back to at least 1.0% and currently we are near deflationary spiral as asset… Read more

The Japanese Yen (JPY) the USD/JPY rally continued with the rejection of sub Y78 levels leading to another move to the topside this time up to Y78.90 highs. The market has since fallen back but the bears are caught on the wrong side in the… Read more