JPY Trading Outlook Archive

The Japanese Yen (JPY) USD/JPY shot higher after the strong US Jobs data from Y78.25 to Y78.75 but we have seen the major ease back to Y78.50 given with USD weakness from the EUR/USD rally. EUR/JPY is rocketing higher up 200 pips from Friday low… Read more

The Japanese Yen (JPY) the USD/JPY was sidelined as the major reacted to Draghi press conference but the EUR/JPY was up and down following the EUR/USD moves. The main event for the USD/JPY is tonight from the US NonFarm Payrolls data. Good data will further… Read more

The Japanese Yen (JPY) shot higher after the FOMC decision not to increase QE in the US but the gains were capped at Y78.50 and we are under pressure in Asia again as the USD strength failed to flow over from the US session. EUR/JPY… Read more

The Japanese Yen (JPY) USD/JPY dipped below Y78 in Asian trade on Wednesday after Chinese PMI came in weaker than forecast at 50.1 vs. 50.3 on the official. EUR/JPY is below Y96 and holding ahead of the major risk events coming up. The USD/JPY we… Read more

The Japanese Yen (JPY) the USD/JPY enjoyed rare gains on Friday with the US GDP meeting expectations and the EUR/JPY soaring higher. The EUR/JPY dragged the major higher and could be a catalyst for further gains this week since a base has been put in… Read more

The Japanese Yen (JPY) the USD/JPY is under continuous pressure from USD weakness on QE3 expectations and from EUR/JPY weakness when negative Eurozone news emerged. The Y78 level is holding for now but overnight we heard from the BOJ Yamaguchi that intervention isn’t imminent and… Read more

The Japanese Yen (JPY) USD/JPY remained just above the Y78 level with support so far at the level as the BOJ ramps up its concern that the Yen is too strong. EUR/JPY fell back towards Y94 and is tracking the major EUR/USD closely. Further Yen… Read more

The Japanese Yen (JPY) the USD/JPY tested Y78 overnight but talk of large semi official buying helping lift the major and the crosses in the US session. The outlook is for more losses especially as the EUR/JPY continued to plumb new lows but the Japanese… Read more

The Japanese Yen (JPY) the Yen demand is outstripping even the USD with the Yield on US debt falling and EUR/JPY falling to near record lows Friday and Monday morning Asia near Y95. USD/JPY is slipping towards the Y78 level and we expect the intervention… Read more

The Japanese Yen (JPY) USD/JPY has fallen back to Y79.50 with the daily pressure from USD weakness trumping the Yen cross buying support. The biggest cross is the EUR/JPY which is failing to hold gains and make traction and this is causing GBP/JPY and AUD/JPY… Read more