JPY Trading Outlook Archive

The Sterling (GBP) EUR/GBP tried but failed to break on the downside and the GBP/USD moved higher but still under 1.6000 while we wait for further stimulus. The GBP/JPY is getting a lot of attention with some looking to buy below the Y130 level for… Read more

The Japanese Yen (JPY) USD/JPY moved back above Y81 but is not convincing in it recovery and could test Y80 or Y80.60 in coming sessions if the downside is tested again. The Fed Speak from US officials is not helping the USD/JPY as much of… Read more

The Japanese Yen (JPY) the USD/JPY sell off continued with crosses slumping helping send the major below Y81 and to Y80.60 where large buy orders from semi-official government agencies stabilized the market. The BOJ is likely to try and protect the Y80 with jawboning at… Read more

The Japanese Yen (JPY) the USD/JPY selling eased and we saw a small bounce to Y81.60 with the crosses also enjoying small rallies overnight. The downside is likely to continue with the EUR/JPY cross under pressure and the AUD/JPY falling on China concerns.

The Japanese Yen (JPY) crashed lower after the jobs data falling to below Y81.50 and we moved to Y81.30 on Monday morning with little support now that US Yields suggest more QE3 or longer till the FED can change course on the monetary policy.

The Japanese Yen (JPY) the major was pulled down yesterday after the large falls in US stocks led to a cross sell off. EUR/JPY was the weakest down to Y108 before stabilizing. The outlook is mixed with improving US data and tightening monetary policy outlook… Read more

The Japanese Yen (JPY) has a very close relationship with the US monetary policy with both countries at near 0% interest rates and both seen as safe havens. The FOMC minutes allowed a reversal on USD/JPY weakness which had tested support under Y82 earlier in… Read more

The Japanese Yen (JPY) the USD/JPY was the strongest hit by the USD reversal falling down to Y82 as crosses as well reversed in a rare day on Yen strength even as stocks rallied. The outlook is mixed with the FOMC minutes tonight critical for… Read more

The Japanese Yen (JPY) the USD/JPY rallied sharply on Friday reacting to the USD yield change and surging to Y83. The Japanese central bank (BOJ) is trying to stress to the market it will be holding rates low for the longest time going forward but… Read more

The Japanese Yen (JPY) USD/JPY fell back in risk aversion during Europe with EUR/JPY coming under heavy selling pressure. The EUR/USD rally later in the day sent the USD weaker against most of the market. Support is seen at Y81.80 with the market now searching… Read more