JPY Trading Outlook Archive

The Japanese Yen (JPY) kept to a tight range under Y77 with US data having little effect and the slight downside pressure more a symptom of USD weakness. Crosses were strong on the US stocks rally and able to rebound off the weakness seen in… Read more

The Japanese Yen (JPY) was very contained ending slightly stronger against the USD but unchanged against the Euro after the cross found support under Y105. The USD/JPY range trading around the Y77 level is offering traders a fairly safe trading option away from the volatility… Read more

The Japanese Yen (JPY) USD/JPY dipped below Y77 on the weakness in the crosses with EUR/JPY and AUD/JPY dropping through key levels. The dip below proved short-lived however with the market grinding higher for the rest of the day and the major finishing above the… Read more

The Japanese Yen (JPY) the USD/JPY moved lower in the US session on sharp EUR/JPY selling after talk of a Greece default swept the market. Support was found at Y77 on the major and under Y106 on the EUR/JPY which is now targeting Y100 as… Read more

The Japanese Yen (JPY) the USD/JPY was quiet but held above Y77 and gravitated to the key Y77.50 level now. EUR/JPY fell with the Euro news and AUD/JPY underperformed with weak local data and stock markets. The G7 could be very important if some coordinated… Read more

The Japanese Yen (JPY) the BOJ held at 0.1% and announced no new easing measures and this led to a strengthening of the Yen back to Y77.10 from Y77.60. AUD/JPY pushed higher with EUR/JPY on the positive risk appetite in the market but the next… Read more

The Japanese Yen (JPY) USD/JPY leapt on the USD/CHF move to break above Y77 and threaten to push higher. The BOJ may embark on a similar intervention process if they believe the Yen strength is threatening their fragile recovery. AUD/JPY finished higher but EUR/JPY and… Read more

The Japanese Yen (JPY) was stronger against 13/16 of the biggest currencies with risk aversion providing support. USD/JPY was not interesting however holding to a 30 pip range comfortably all day. EUR/JPY and AUD/JPY selling is noted in markets and could fall further is the… Read more

The Japanese Yen (JPY) Tested support at Y76.50 after the weak US Jobs data but this level held and we saw short covering into the close. The market is cautious of heavy selling with the new PM Noda potentially intervening to sure up his political… Read more

The Japanese Yen (JPY) tested resistance above Y77 a few times on strong US data but fell back under the level into the US close as stock losses accelerated. EUR/JPY and GBP/JPY were very heavy as their down trend continued for a third day. USD/JPY… Read more