JPY Trading Outlook Archive

The Japanese Yen (JPY) USD weakness saw the USD/JPY pullback from Y79.70 to Y79.30 in quiet trade. The crosses were largely unchanged with most majors countering the move lower. The outlook for the safe haven will depend on the stock markets and their reaction on… Read more

The Japanese Yen (JPY) the IMF report on Japan was extremely negative overnight and this help lift most Yen crosses and the USD/JPY from risk aversion lows on Monday. The AUD/JPY in particular is gathering support from low levels.

The Japanese Yen (JPY) the USD/JPY was dragged lower by the Yen crosses which had major moves lower on the EUR/JPY and AUD/JPY. The USD/JPY has been supported by the lack of change in the US monetary policy when Bernanke failed to put QE3 firmly… Read more

The Japanese Yen (JPY) the USD/JPY is being supported just under Y80 from large gains in the Yen Crosses. The usual USD selling seen against the Yen has not eventuated today with the market now playing the Yen as the key safe haven currency. Strong… Read more

The Japanese Yen (JPY) the lack of QE3 talk form Bernanke inspired a move higher to Y79.80 on the major USD/JPY but the Yen Crosses were under pressure as much of the risk rally was reversed later in the US session. Today in Asia most… Read more

The Japanese Yen (JPY) the USD/JPY gained overnight even on the QE3 talk as crosses surged higher with AUD/JPY the main leader up over 2% on the day. The USD/JPY closed above Y79.30 and traders are getting more comfortable buying in the risk on environment… Read more

The Japanese Yen (JPY) the USD/JPY was sidelined overnight as the market went risk on and this kept the major in a tight range above Y78. The yen crosses all rallied and we are still in a positive mood today. The Japanese officials are stepping… Read more

The Japanese Yen (JPY) the USD/JPY was sidelined overnight as the market went risk on and this kept the major in a tight range above Y78. The yen crosses all rallied and we are still in a positive mood today. The Japanese officials are stepping… Read more

The Japanese Yen (JPY) the NFP miss on Friday immediately sent the major below Y78 to hit Y77.70 before rebounding on semi official intervention sending the USD/JPY briefly up to Y78.70. The lack of follow through sent the pair back to Y78.20 into the close…. Read more

The Japanese Yen (JPY) the USD/JPY slipped overnight on heavy cross selling and a lack of intervention from the BOJ/MOF in the Asian session. There was some normal verbal intervention but that was not enough for the low Y78 levels to be tested in the… Read more