The Japanese Yen (JPY) the USD/JPY pivoted around the Y83 level but ended at the day lows with crosses led by the AUD/JPY pulling the major lower on safe haven demand. The USD/JPY moves in relation to the US Bond Yields in particular the 2… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (29-03-2012)
March 29, 2012Japanese Yen (JPY) Trading Outlook (28-03-2012)
March 28, 2012The Japanese Yen (JPY) the USD/JPY refused to behave overnight surging past Y83 on the stronger USD and ignoring the risk aversion. The AUD/JPY reversed under Y87 however and is in danger of unwinding with the sentiment towards the former favorite cross fragile lately.
Japanese Yen (JPY) Trading Outlook (27-03-2012)
March 27, 2012The Japanese Yen (JPY) USD/JPY grinded higher against the USD weakness with the Yen crosses roaring higher overnight. The Crosses are providing much of the Yen Weakness pushing the major up toward Y83 but the outlook is for range trading as the two safe havens… Read more
Japanese Yen (JPY) Trading Outlook (23-03-2012)
March 23, 2012The Japanese Yen (JPY) USD/JPY had a major pullback yesterday as the crosses add too much weight to the major which broke below Y83 hitting Y82.60. The outlook is a little mixed with the recent USD/JPY rally on hold as US interest rate expectations are… Read more
Japanese Yen (JPY) Trading Outlook (22-03-2012)
March 22, 2012The Japanese Yen (JPY) the USD/JPY was a big mover overnight falling from Y84 with US interest rates retreating as Bernanke failed once again overnight significantly change his dovish tune. The Yen crosses came under heavy pressure as well with AUD/JPY and EUR/JPY leading on… Read more
Japanese Yen (JPY) Trading Outlook (21-03-2012)
March 21, 2012The Japanese Yen (JPY) the USD/JPY was trapped by the USD weakness post Bernanke speech and the Yen weakness as crosses rally. The EUR/JPY rally past Y110 has seen the pair extend gains to Y111 and we have significant upside on most crosses given historical… Read more
Japanese Yen (JPY) Trading Outlook (20-03-2012)
March 20, 2012The Japanese Yen (JPY) USD/JPY fell back on USD weakness to test Y83 before finding buyers and reversing back to Y83.40 on strong cross buying which tracked the US stock market higher. The outlook is for more JPY weakness but the USD/JPY gains may slow… Read more
Japanese Yen (JPY) Trading Outlook (19-03-2012)
March 19, 2012The Japanese Yen (JPY) the USD/JPY moved above Y84 in Asia but failed to hold in Europe as the USD strength retreated across most pairs. The recent run up has been quite steady and there has not been a substantial pullback in an almost 8… Read more
Japanese Yen (JPY) Trading Outlook (16-03-2012)
March 16, 2012The Japanese Yen (JPY) the USD/JPY moved above Y84 in Asia but failed to hold in Europe as the USD strength retreated across most pairs. The recent run up has been quite steady and there has not been a substantial pullback in an almost 8… Read more
Japanese Yen (JPY) Trading Outlook (14-03-2012)
March 14, 2012The Japanese Yen (JPY) the strongest trend in the market continued overnight with USD/JPY above Y84 by Thursday’s Asian morning and the Yen crosses are also bucking the major’s trend and moving to recent highs. EUR/JPY is in striking distance of Y110.