JPY Trading Outlook Archive

The Japanese Yen (JPY) the heavy selling on Friday say the major open below Y77 and this continued to the be the level the pair stayed at for the entire trading day. The market will be watching closely for comments from Japanese companies and politicians… Read more

The Japanese Yen (JPY) USD/JPY moved lower on USD weakness but most crosses held ground or gained on the day with US stocks up 1%. Support is seen in lower Y77.50 but more attention is on EUR/JPY which found support at Y100 on its first… Read more

The Japanese Yen (JPY) USD/JPY remained under pressure as EUR/JPY slumped and dragged the major lower. EUR/JPY is close to the Y100 level and a break below could prompt action from BOJ officials. The Japan Finance minister spoke about interventions being necessary and they have… Read more

The Japanese Yen (JPY) USD/JPY fell back to supports at Y78.80 with strong demand for the Yen across the board. EUR/JPY slipped back to Y101.6 but has support just below. The outlook is for more range trading around the Y78 level. UPDATE November Core CPI… Read more

The Japanese Yen (JPY) USD/JPY did very little consolidating around the Y78 level. The BOJ minutes released today showed members were concerned about the Yen rise having negative effects on the economy. Looking ahead, CPI forecast at -0.2% vs. -0.1% y/y.

The Japanese Yen (JPY) USD/JPY pushed higher towards Y78.30 the last resistance of the range before pulling back to the more comfortable Y78 level. Crosses were likewise in a small rally in Europe and then pulled back to opening levels in the US session. Looking… Read more

The Japanese Yen (JPY) the USD/JPY is starting to edge higher testing the topside of the recent range and threatening to breakout as US data impresses. The Japanese economy is expected to remain weak for the foreseeable future and as such any US pick up… Read more

The Japanese Yen (JPY) the USD/JPY ended above Y78 returning to the top end of the recent range as the Euro selling helped the Dollar rally against all currencies. A break above Y78.30 would open up recent intervention highs near Y80 and could create a… Read more

The Japanese Yen (JPY) USD/JPY fell back as the USD came under heavy selling pressure. Support was found at Y77.70 so the move was small but still disappointing for those looking for a breakout of the recent range to the topside. The 50 pip range… Read more

The Japanese Yen (JPY) the USD/JPY broke above Y78 as the North Korea news broke with Japan a close neighbor and potential target in any threat by a new North Korean leader flexing his countries military might. The market was unable to hold the gains… Read more