The Japanese Yen (JPY) USD/JPY reacted positively to the jobs data grinding higher above Y78 as the topside comes into rare focus. Yen crosses are more mixed with the pull back in stocks sending EUR/JPY and GBP/JPY lower from the recent highs seen.
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (05-12-2011)
December 5, 2011Japanese Yen (JPY) Trading Outlook (02-12-2011)
December 2, 2011The Japanese Yen (JPY) returned to its subdued, more familiar range trading with a low of 77.50 and a high of 77.80
Japanese Yen (JPY) Trading Outlook (01-12-2011)
December 1, 2011The Japanese Yen (JPY) gained considerably against the USD, trading in line with market reaction and flow on effect of broadly weaker dollar. The USDJPY pair fell from 78.16 to lows of 77.30
Japanese Yen (JPY) Trading Outlook (24-11-2011)
November 24, 2011The Japanese Yen (JPY) eased against the USD trading at 77.60, highest levels since November 11, whilst maintaining key support levels at 76.90 throughout the trading day.
Japanese Yen (JPY) Trading Outlook (23-11-2011)
November 23, 2011The Japanese Yen (JPY) once again was constrained trading in a range of 76.80 and a high of 77.05
Japanese Yen (JPY) Trading Outlook (21-11-2011)
November 21, 2011The Japanese Yen (JPY) fell to its lowest level for the month of November of 76.57, before rebounding back above 77.01
Japanese Yen (JPY) Trading Outlook (18-11-2011)
November 18, 2011The Japanese Yen (JPY) un-wavered by market volatility trading in an extremely tight range between 76.90 to 77.05
Japanese Yen (JPY) Trading Outlook (17-11-2011)
November 17, 2011The Japanese Yen (JPY) USD/JPY was steady pivoting the Y77 level as the action was kept to the Yen crosses which moved with stocks. EUR/JPY found support at Y103.50 but the market is bearish and could test Y100 which may spark intervention from BOJ to… Read more
Japanese Yen (JPY) Trading Outlook (16-11-2011)
November 16, 2011The Japanese Yen (JPY) the USD/JPY spiked in the Asian session to Y77.50 as the market spooked the BOJ was intervening. The major trade back to Y77 very quickly after no confirmation came out and the pair spent the rest of the day in a… Read more
Japanese Yen (JPY) Trading Outlook (15-11-2011)
November 15, 2011The Japanese Yen (JPY) the USD/JPY fell back and tested support under Y77 but closed above and is very stable. The grind lower is seen continuing but as we fall closer to the intervention rate at Y75.50 the sellers will become more skittish after taking… Read more