The Japanese Yen (JPY) the USD/JPY was under pressure towards Y80 as the weak US data affected the major negatively. Expectations are for further government verbal intervention close to Y80 and underneath to grow louder. The outlook is for more ranging but crosses are expected… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (30-04-2012)
April 30, 2012Japanese Yen (JPY) Trading Outlook (27-04-2012)
April 27, 2012The Japanese Yen (JPY) the USD/JPY fell sharply to Y80.65 after rumors that the BOJ would not announce any fresh easing measures today and that they believed such measures would not be effective. The market bounced in the US session back above Y81 and we… Read more
Japanese Yen (JPY) Trading Outlook (26-04-2012)
April 26, 2012The Japanese Yen (JPY) the USD/JPY eased post FOMC down to Y81.10 from Y81.50 but is well supported from crosses and expectations the BOJ will announce fresh monetary easing measures. The BOJ decision is due tomorrow in the Asian session afternoon and the Government has… Read more
Japanese Yen (JPY) Trading Outlook (24-04-2012)
April 24, 2012The Japanese Yen (JPY) the USD/JPY is looking heavy as the EUR/JPY and AUD/JPY pull it lower but the market is expecting to find solid support under Y81. The Yen is a safe haven and will be following the stock market until Wednesday’s US FED… Read more
Japanese Yen (JPY) Trading Outlook (23-04-2012)
April 23, 2012The Japanese Yen (JPY) USD/JPY held in a tight range above Y81.50 but is of risk of once again falling back as USD weakness usually moves across onto the USD/JPY if sustained. Crosses are supported for the time being but need sustained risk appetite to… Read more
Japanese Yen (JPY) Trading Outlook (20-04-2012)
April 20, 2012The Japanese Yen (JPY) the USD/JPY was well supported grinding higher as the BOJ continues to talk down the Yen and comment to the market with new aggressive easy measures are being considered. EUR/JPY is back above Y107 and has bounced 200 pips in the… Read more
Japanese Yen (JPY) Trading Outlook (19-04-2012)
April 19, 2012The Japanese Yen (JPY) The USD/JPY stayed in a 25 pip range with the USD remaining supported and action only on the GBP/JPY cross which punched back above Y130. The outlook will come down to EUR/JPY and GBP/JPY which will help direct the USD/JPY between… Read more
Japanese Yen (JPY) Trading Outlook (18-04-2012)
April 18, 2012The Japanese Yen (JPY) enjoyed a push higher in the USD/JPY and most crosses as the stock markets around soared. The outlook is mixed with the recent selling providing good value for long speculators and traders wary of getting caught short if the mood continues… Read more
Japanese Yen (JPY) Trading Outlook (17-04-2012)
April 17, 2012The Japanese Yen (JPY) the USD/JPY slumped in Asia as the Yen crosses fell sharply led by the EUR/JPY. The mood improved in the European and US sessions but the USD/JPY finished at day lows with an Y80 test likely in coming days. BOJ officials… Read more
Japanese Yen (JPY) Trading Outlook (16-04-2012)
April 16, 2012The Japanese Yen (JPY) the USD/JPY was caught by risk off selling on the crosses but did not fall much as the USD also strengthened and the BOJ tried to talk down the Yen. The Y80 level is close and the natural target for sellers… Read more