JPY Trading Outlook Archive

The Japanese Yen (JPY) More talk of BOJ rate checks on Friday as the USD/JPY slumped to new cycle lows just above Y77 and then a bounce to above Y78. The outlook is for further USD weakness but the major has always been a slow… Read more

The Japanese Yen (JPY) USD/JPY was damaged by the QE3 plans but the fall was immediately contained at Y77.50 as rumors circulated of BOJ rate checking overnight. The FinMin stated that he would not comment on FX and so the USD/JPY has been supported from… Read more

The Japanese Yen (JPY) USD/JPY stopped falling but was not able to reclaim the Y78 level in quiet trade. The main event risk for the week is the FOMC tonight with the bears hoping QE3 will allow the USD/JPY to fall further towards Y77. The… Read more

The Japanese Yen (JPY) the Moody’s warning saw an immediate fall of the USD/JPY towards the Y78 and then a break to new cycle lows of Y77.70. QE3 expectations are also weighing on the major and we may test Y77 in coming days if USD… Read more

The Japanese Yen (JPY) USD/JPY was very quiet in a small Y778.20-30 range. We saw more weakness on the Yen crosses with EUR/JPY back below Y100 and AUD/JPY back below Y80. The USD/JPY is expected to react to the FOMC decision later this week so… Read more

The Japanese Yen (JPY) USD/JPY was crunched lower immediately after the US jobs missed and we saw follow on selling to Y78.20 lows. The Y78-80 range has held for months so there is substantial support at the figure and large stops just below. The FOMC… Read more

The Japanese Yen (JPY) the risk on trading overnight caused the safe haven Yen to be sold across the board especially against the USD/JPY and EUR/JPY. AUD/JPY surged from Y80 to Y81.30 as the market was caught short from selling in recent days. The US… Read more

The Japanese Yen (JPY) the USD/JPY is gathering strength on dips and is trying to gain a foothold above the Y78.50 level. EUR/JPY is supporting as it moves higher and higher with growing enthusiasm that the ECB will deliver today. The US Jobs data will… Read more

The Japanese Yen (JPY) the USD/JPY rallied on the back of USD strength but the weak data is helping QE3 advocates and could hurt the Dollar if it continues. The NonFarm Payrolls will be closely watched on Friday but also the EUR/JPY will be in… Read more

The Japanese Yen (JPY) had a very quiet open although still weak the USD/JPY remained under pressure falling to Y78.15 by the close of US trade. The EUR/JPY was steady but once again the AUD/JPY fell with the recent slowdown in China directly affecting the… Read more