The Japanese Yen (JPY) Strong US data and Yen crosses helped lift the USD/JPY back above Y77 and the could see the major rally if we can hold above the key level. Talk that the BOJ will push for a weaker Yen at the G20… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (17-10-2011)
October 17, 2011Japanese Yen (JPY) Trading Outlook (14-10-2011)
October 14, 2011The Japanese Yen (JPY) the excitement from talk of a floor in the major on Wednesday was unwound easing the USD/JPY back below the key Y77. The market fell back to Y76.60 but found support again and will now be looking ahead to the G20… Read more
Japanese Yen (JPY) Trading Outlook (13-10-2011)
October 13, 2011The Japanese Yen (JPY) the USD/JPY was another big mover last night finally breaking out of the range to the topside above Y77. The talk in the market that Japan will ask the G20 to allow them to put a floor under the USD/JPY in… Read more
Japanese Yen (JPY) Trading Outlook (12-10-2011)
October 12, 2011The Japanese Yen (JPY) USD/JPY went into an extremely tight range with only some slight strength on crosses noted for the yen overnight. New Japanese FM has stated he wants to bring up Yen strength at the next G20 meeting. Yen Crosses ability to rally… Read more
Japanese Yen (JPY) Trading Outlook (11-10-2011)
October 11, 2011The Japanese Yen (JPY) broad USD weakness sent USD/JPY to the bottom of the Y76.50 &ndash Y77 range but most currencies gained against the safe haven Yen with EUR/JPY in particular showing strength. EUR/JPY hit resistance at Y105 but is still well supported on dips.
Japanese Yen (JPY) Trading Outlook (10-10-2011)
October 10, 2011The Japanese Yen (JPY) the USD/JPY reacted positively to the US Jobs data but failed to break Y77 and fell back to Y76.60 with weakness in the EUR/JPY cross. EUR/JPY fell 1 Yen after the downgrades but is still supported as it rallies from year… Read more
Japanese Yen (JPY) Trading Outlook (06-10-2011)
October 6, 2011The Japanese Yen (JPY) USD/JPY tested Y77 as crosses lifted in the US session but was unable once again to break the key topside resistance and the major fell back into the recent range. EUR/JPY and AUD/JPY continued to edge higher with stocks well off… Read more
Japanese Yen (JPY) Trading Outlook (05-10-2011)
October 5, 2011The Japanese Yen (JPY) EUR/JPY tested levels under Y101 in the Asian session on Tuesday keeping most pairs under pressure until the late US session rally. The sharp rally in US stocks sent the EUR/JPY and AUD/JPY soaring into the close up over 150 pips… Read more
Japanese Yen (JPY) Trading Outlook (04-10-2011)
October 4, 2011The Japanese Yen (JPY) the market bought the Yen aggressively with USD/JPY falling as well with weakness in crosses overwhelmed. EUR/JPY ended at Y101 within striking distance of the key Y100 which is expected to provoke talk form Japanese Officials. AUD/JPY as the risk trade… Read more
Japanese Yen (JPY) Trading Outlook (03-10-2011)
October 3, 2011The Japanese Yen (JPY) The USD/JPY moved higher on USD strength breaking above Y77 and closing above the figure for small losses against the other safe haven in the market. Risk currencies slumped though with EUR/JPY falling back to Y103 and target Y100 as the… Read more