JPY Trading Outlook Archive

The Japanese Yen (JPY) the USD/JPY traded the Y76.70 to Y76.90 range with the holding pattern seen continuing while the action remains on the Crosses. EUR/JPY held above Y97 with a small bounce in holiday affected markets. The outlook is still negative but traders are… Read more

The Japanese Yen (JPY) the EUR/JPY got all the attention on Friday down to fresh 12 year lows near Y97. The MOF head commented that Euro falls had been rapid but did not talk about intervention on Monday. The outlook for the USD/JPY is mixed… Read more

The Japanese Yen (JPY) the USD/JPY fell down to Y76.70 as the USD weakened broadly in the European session but the market was supported by strong buying in the EUR/JPY which is still well below the Y100 level and the target for any short covering… Read more

The Japanese Yen (JPY) was well supported on the USD/JPY which tested the Y77 level on the back on the EUR/USD selling Dollar strength. The EUR/JPY however tested recent lows near Y77.50. The outlook for most crosses is in the hands of the Eurozone debt… Read more

The Japanese Yen (JPY) the USD/JPY contained to Monday’s range with more action seen on Crosses with AUD/JPY and EUR/JPY moving higher with stocks. EUR/JPY is being sold on rallies however and in Asia on Wednesday we are once again seeing selling from Japanese investors…. Read more

The Japanese Yen (JPY) kept to a 20 pip range under the Y77 to Y76.80. EUR/JPY fell to fresh 12 year lows before reversing in Europe but the downside bias remains and this is keeping a drag on the USD/JPY. Hopes of intervention will be… Read more

The Japanese Yen (JPY) USD/JPY spiked higher initial on the strong US Jobs data but then reversed with the heavy cross selling especially the EUR/JPY which is hitting 11 year lows. The BOJ/MOF may start to be more vocal on the Euro cross and could… Read more

The Japanese Yen (JPY) USD/JPY moved higher back above Y77 as the US economic data continued to improve. Also weighing on the Yen was reports that IMF would be stress testing banks. ADP US non farm employment change came in at 325k in December vs…. Read more

The Japanese Yen (JPY) USD/JPY moved in a 20 pip range unable to take advantage of the USD strength with heavy EUR/JPY selling keeping the major capped. Most other Yen crosses were only down a little bit as US stocks finished positive. PM Noda talked… Read more

The Japanese Yen (JPY) USD/JPY struggled and fell further back as the USD weakness overwhelmed the Yen weakness in the ‘risk on’ rally. EUR/JPY was able to bounce from multi-year lows and reclaim Y100. AUD/JPY is targeting Y80 and if US data continues to be… Read more