JPY Trading Outlook Archive

The Japanese Yen (JPY) USD/JPY refused to move out of the stranglehold of the recent 5 trading days with only the crosses showing signs of life. AUD/JPY tested Y81 and EUR/JPY tested Y111 but was able to break these resistances and fell back with US… Read more

The Japanese Yen (JPY) USD/JPY moved cautiously with little interest to break out of the recent range. Crosses were mixed with AUD/JPY falling with stocks whilst GBP/JPY pushed higher with the stronger UK CPI. Stock market movements will continue to direct the safe haven currency… Read more

The Japanese Yen (JPY) lost ground against most currencies as the safe haven was sold for riskier currencies such as the AUD and EURO. The USD/JPY remained quiet waiting for a catalyst out of the current range. Better than expected Q2 Japanese GDP is helping… Read more

The Japanese Yen (JPY) seemed content to remain in a well-defined Y76.50-Y77 range with the action left to the crosses which rallied with the notable exception of CHF/JPY. &nbsp AUD/JPY and EUR/JPY are targeting the key resistances at Y80 and Y110.

The Japanese Yen (JPY) the USD/JPY calmed down with the market happy to stay within the Y76.5 and Y77 ranges. The larger volatility was seen on the AUD/JPY which moved aggressively with the large swings in US stocks. The BOJ Governor is still jawboning that… Read more

The Japanese Yen (JPY) the market remained heavy for most of the day with little follow through from the large Dow rally and then cross selling with the US stock market collapse. The market has been selling from Y80 on a daily basis with the… Read more

The Japanese Yen (JPY) the Yen was sold aggressively on the crosses and even sold against the USD after the stock gains overwhelmed the USD/JPY selling. AUD/JPY soared from Y77 to Y80 and EUR/JPY reclaimed the key Y110 level. Traders have been selling the crosses… Read more

The Japanese Yen (JPY) the Yen was bought across the board on safe haven demand with the USD/JPY sold on rallies to Y77.50 support. The market is very wary of intervention with the current levels the same as where the bank has intervened before. The… Read more

The Japanese Yen (JPY) gapped lower on the USD/JPY from Y78.50 to under Y78 but found support on BOJ/MOJ comments that G7 will take appropriate action on FX and keep markets liquid. Intervention risks are noted under Y78 and could prompt sharp movements higher similar… Read more

The Japanese Yen (JPY) the major surged in the Asian session Thursday as the MOF confirmed intervention and the BOJ ended it&rsquo s rate meeting one day early. EUR/JPY and AUD/JPY surged with the USD/JPY which itself moved from Y77 to Y79. Overall the USD/JPY… Read more