The Japanese Yen (JPY) The USD/JPY stayed inside the tight range with little action or reason to break either side. EUR/JPY was more volatile pivoting the Y101.50 level and finishing near lows. The outlook for most crosses is linked to stock markets and the ongoing… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (19-12-2011)
December 19, 2011Japanese Yen (JPY) Trading Outlook (16-12-2011)
December 16, 2011The Japanese Yen (JPY) USD/JPY was steady at Y77.70-Y78 range with support coming from Yen crosses as the USD weakened. EUR/JPY bounced from Y101 to Y101.50 with buyers very hesitant to buy aggressively. Weakness in the Japanese economy and export companies is expected to keep… Read more
Japanese Yen (JPY) Trading Outlook (15-12-2011)
December 15, 2011The Japanese Yen (JPY) USD/JPY broke above Y78 but had little follow through with the market slowly grinding higher as the Dollar outpaces the Yen. EUR/JPY is under a lot of pressure with the debt crisis pushing the cross towards Y100 hitting Y101.10 overnight. The… Read more
Japanese Yen (JPY) Trading Outlook (14-12-2011)
December 14, 2011The Japanese Yen (JPY) the USD/JPY dipped with crosses to Y77.70 but then rallied back to Y78 as the market continued to grind higher. EUR/JPY took another step lower to the Y101.50 level stabilizing. The outlook is mixed but the market is watching the BOJ… Read more
Japanese Yen (JPY) Trading Outlook (13-12-2011)
December 13, 2011The Japanese Yen (JPY) the USD/JPY moved higher as the USD outpaced the strength of the Yen but the moves were very mild as the major edged up to test Y78. EUR/JPY tested new lows under Y103 and could test the major Y100 level in… Read more
Japanese Yen (JPY) Trading Outlook (12-12-2011)
December 12, 2011The Japanese Yen (JPY) the USD/JPY was unmoved remaining within a 25 pip range while all the action was on the Yen crosses. AUD/JPY and EUR/JPY led the market down in late Asian trade as it seemed the EU summit could unravel but then the… Read more
Japanese Yen (JPY) Trading Outlook (09-12-2011)
December 9, 2011The Japanese Yen (JPY) the USD/JPY moved lower with the USD weakness as the Euro and other risk assets rallied but support was found under Y77.20 and the major bounced back to Y77.70. EUR/JPY had a very sharp drop on the day back to Y103… Read more
Japanese Yen (JPY) Trading Outlook (08-12-2011)
December 8, 2011The Japanese Yen (JPY) USD/JPY has been sidelined with a slight downside bias but still in a 20 pip range overnight. The market is focused on EUR/JPY for headlines form Europe and AUD/JPY for tracking the stock market movements. The outlook for USD/JPY will depend… Read more
Japanese Yen (JPY) Trading Outlook (07-12-2011)
December 7, 2011The Japanese Yen (JPY) USD/JPY continued to range trade in a tight Y77.60 to Y77.80 range. EUR/JPY and GBP/JPY moved slightly higher and the AUD/JPY found support on its dip after the rate cut yesterday. The outlook for the Yen is still very closely linked… Read more
Japanese Yen (JPY) Trading Outlook (06-12-2011)
December 6, 2011The Japanese Yen (JPY) USD/JPY pulled back from the Y78 level as USD weakness trumped the Yen weakness in the positive risk on environment. Support was quickly found however near Y76.60 and most Yen crosses rallied with stocks. These gains pared back into the close… Read more