JPY Trading Outlook Archive

The Japanese Yen (JPY) stayed inside a tight band near the upper end of its recent Y80-81 range. EUR/JPY saw some action when the S&amp P news broke but most crosses are on a strong footing and being bought on the dip. Overall the USD/JPY… Read more

The Japanese Yen (JPY) tested above Y81 after the US data but once again failed to break out of the range it has held comfortably for the last two weeks. The weak Japanese economic and business outlook was highlighted by the Q2 Tankan Survey which… Read more

The Japanese Yen (JPY) found support at Y80.25 before bouncing on the surprisingly strong Chicago PMI data. Most crosses struggled to extend gains and range traded for most of the day although well supported. GBP/JPY is still below key resistance at Y130 after underperforming the… Read more

The Japanese Yen (JPY) The major broke back below Y81 on USD weakness after the vote but crosses were strong and helped to limit USD/JPY downside. AUD/JPY and EUR/JPY led the risk appetite rally higher and could threaten a new uptrend. Overall the USD/JPY traded… Read more

The Japanese Yen (JPY) was the weakest currency in the market with USD/JPY able to break resistance on topside and crosses all rebounding aggressively. EUR/JPY led higher above Y116 and the carry trade AUD/JPY reclaimed the key Y85 level. The market is been support buy… Read more

The Japanese Yen (JPY) was extremely contained against the major in a 40 pip range all day with most of the action once again on the EUR/JPY. The EUR/JPY is the 3rd biggest pair on volume in the market and is often not given enough… Read more

The Japanese Yen (JPY) was very stable against the USD with the action left to the crosses which saw very strong Yen flows on safe haven demands and just as strong reversals after the Greek deal news. Topside resistance is forming at Y80.80 and very… Read more

The Japanese Yen (JPY) pushed off the Y80 level grinding higher after the US central bank decision with US bond Yields increasing most noticeable on the 10 Year. A further bounce is possible given the lack of play QE3 is getting and a base in… Read more

The Japanese Yen (JPY) solid support for USD/JPY at Y80 helped stabilize the major and strong EUR/JPY buying late in the day helped lift the pair higher. The outcome for Greece and the FOMC meeting tomorrow is main event risk for the safe haven currency… Read more

The Japanese Yen (JPY) dollar weakness helped the major head back to the lower end of its recent range at the Y80 key level. Weak US Consumer sentiment and cautious crosses have allowed the Yen to remain on the front foot. EUR/JPY rallied back towards… Read more