The Japanese Yen (JPY) USD/JPY is grinding lower as the Japanese Intervention fades into memory and the USD weakness remains prevalent. AUD/JPY and EUR/JPY took advantage of the strong stocks to move towards Y80 and Y106.50 respectively. There is talk the BOJ is still in… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (14-11-2011)
November 14, 2011Japanese Yen (JPY) Trading Outlook (11-11-2011)
November 11, 2011The Japanese Yen (JPY) USD/JPY range traded but the crosses gained as traders sold the Yen when sentiment improved. The EUR/JPY is a closely watch trading pair which tested Y106 overnight but still well below the Y111 levels seen after the BOJ intervened last month.
Japanese Yen (JPY) Trading Outlook (10-11-2011)
November 10, 2011The Japanese Yen (JPY) USD/JPY was a bastion of calm compared to the rest of the market with the major keeping to a 30 pip range. EUR/JPY and AUD/JPY fell sharply as their majors retreated on global risk aversion. The outlook is linked to the… Read more
Japanese Yen (JPY) Trading Outlook (09-11-2011)
November 9, 2011The Japanese Yen (JPY) USD/JPY finally moved using the Dollar weakness to pull back late in the US session to Y77.50. Market will be closely watching if the BOJ come back into the market to help the Yen weaken or if instead they allow the… Read more
Japanese Yen (JPY) Trading Outlook (08-11-2011)
November 8, 2011The Japanese Yen (JPY) the USD/JPY is almost untradeable as the major clings to the Y78 level. EUR/JPY and AUD/JPY provided some action dipping then bouncing later in the day. The outlook will be contingent on whether the BOJ continue to support the market either… Read more
Japanese Yen (JPY) Trading Outlook (07-11-2011)
November 7, 2011The Japanese Yen (JPY) The market seems content to remain at Y78 level with even the US NonFarm Payrolls unable to generate significant movement. Yen Crosses are still behaving as a risk trade with stock market movements providing traders plenty of opportunity.
Japanese Yen (JPY) Trading Outlook (04-11-2011)
November 4, 2011The Japanese Yen (JPY) the stability continued at the Y78 level with the market playing the Yen against crosses. AUD/USD was in action reversing from Y80 to Y81.50 and EUR/JPY bounced to Y108 as sentiment improved. The US Jobs data is always a big event… Read more
Japanese Yen (JPY) Trading Outlook (03-11-2011)
November 3, 2011The Japanese Yen (JPY) USD/JPY was very stable at the Y78 level with the action left to the crosses with most gaining on the day as stocks bounced. The G20 starts today and the recent intervention may be on the agenda as Japan complains about… Read more
Japanese Yen (JPY) Trading Outlook (02-11-2011)
November 2, 2011The Japanese Yen (JPY) settled down after intervention on Monday with the heavy selling on crosses hurting the USD/JPY upside. The market is spooked easily and USD/JPY jumped Y79 briefly on intervention rumors during Asia before paring back to Y78. EUR/JPY dropped below Y107 but… Read more
Japanese Yen (JPY) Trading Outlook (01-11-2011)
November 1, 2011The Japanese Yen (JPY) the much talked about intervention started yesterday with BOJ/MOF buying pushing the USD/JPY from Y75.50 to Y79.50 in a few frantic hours of Asian trade. European and US traders took profit and the market finished back at Y78 and many will… Read more