The Japanese Yen (JPY) the USD/JPY had its first significant pull back falling from Y81.50 in Asia to test Y80 in late US trade Monday. The recent rally has had a lot of coverage and the most dramatic fall was in the EUR/JPY which has… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (28-02-2012)
February 28, 2012Japanese Yen (JPY) Trading Outlook (27-02-2012)
February 27, 2012The Japanese Yen (JPY) the USD/JPY pushed higher into the Y80 region confirming the new uptrend with support coming from heavy EUR/JPY buying now to Y109 after trading below Y100 last month. The Yen has gone quickly from the strongest to weakest currency in the… Read more
Japanese Yen (JPY) Trading Outlook (24-02-2012)
February 24, 2012The Japanese Yen (JPY) USD weakness meant the recent rally reversed slightly back to the Y80 but found support under the level and bounced back into the close. AUD/JPY and EUR/JPY continued to press higher as the stocks markets rallied in the US and European… Read more
Japanese Yen (JPY) Trading Outlook (23-02-2012)
February 23, 2012The Japanese Yen (JPY) USD/JPY broke above Y80 but there were little fireworks and only a small and gentle move higher to Y80.30. The moves are slow but in one direction with little pull back seen in the last 3 weeks. The outlook is for… Read more
Japanese Yen (JPY) Trading Outlook (22-02-2012)
February 22, 2012The Japanese Yen (JPY) the USD/JPY is moving closer to the Y80 level as the Yen struggles even in the risk off trading environment as sentiment towards the safe haven sours sharply. The outlook for a break of the Y80 level is for more gains… Read more
Japanese Yen (JPY) Trading Outlook (21-02-2012)
February 21, 2012The Japanese Yen (JPY) opened on the back foot with the safe haven sold across the board and USD/JPY hitting post intervention highs near Y80. The recent rally has caught many by surprise as the usually quiet pair reversing most analysts expectations and is beginning… Read more
Japanese Yen (JPY) Trading Outlook (20-02-2012)
February 20, 2012The Japanese Yen (JPY) opened on the back foot with the safe haven sold across the board and USD/JPY hitting post intervention highs near Y80. The recent rally has caught many by surprise as the usually quiet pair reversing most analysts expectations and is beginning… Read more
Japanese Yen (JPY) Trading Outlook (17-02-2012)
February 17, 2012The Japanese Yen (JPY) the Dollar used risk off trade going into the European session to push the USD/JPY to 78.80 and the buying continued even as the stocks turned around with EUR/JPY lifting to fresh year highs and dragging most Yen crosses with it.
Japanese Yen (JPY) Trading Outlook (16-02-2012)
February 16, 2012The Japanese Yen (JPY) the USD/JPY rally stalled at Y78.50 overnight with the crosses weighing on the major after heavy falls in EUR/JPY and AUD/JPY. The daily volatility is increasing on the Yen crosses and this is bringing more speculators back to the relatively quiet… Read more
Japanese Yen (JPY) Trading Outlook (15-02-2012)
February 15, 2012The Japanese Yen (JPY) broke to fresh year highs and the highest since the interventions back in November to above Y78.30 resistance. The USD/JPY rally is receiving attention from many analysts with some calling the low in place and the improving US data the catalyst… Read more