JPY Trading Outlook Archive

The Japanese Yen (JPY) broke below Y81 but quickly found support as the two safe havens competed for strength yesterday. EUR/JPY moved below Y120 but the market remained close to the level with buyers still lurking. Overall the USD/JPY traded with a low of 80.68… Read more

The Japanese Yen (JPY) ended on strong note with crosses and majors falling with US stocks. USD/JPY once again tested Y81 but again the level held. Below this the key Y80 level and talk of BOJ intervention will resume. Overall the USD/JPY traded with a… Read more

The Japanese Yen (JPY) remained in familiar levels around the Y81.50 level but closed on a weak footing. The market tested Y81 early on Monday but reversed on USD buying post Bin Laden news. The Outlook is mixed with Friday&amp rsquo s NFP also seen… Read more

The Japanese Yen (JPY) was very quiet on the major with USD/JPY trading inside a 40 pip range during the US and European sessions given weak US data hurting sentiment. Crosses are also being watched closely with AUD/JPY approaching the Y90 level. The BOJ Held… Read more

The Japanese Yen (JPY) the major was well support in Europe on heavy cross buying with GBP/JPY leading the market higher. USD weakness in the US session reversed the pair back to Y82. Overall the USD/JPY traded with a low of 81.33 and a high… Read more

The Japanese Yen (JPY) USD/JPY traded at new lows after failing once again to get above Y82 resistance. USD weakness is encouraging new lows in the market but many players are waiting for today&rsquo s FOMC decision to pick fresh direction. Overall the USD/JPY traded… Read more

The Japanese Yen (JPY) Yen weakness was reversed as stocks were under slight pressure in the US session and the USD/JPY reversed from above Y82 to new month lows. Overall the USD/JPY traded with a low of 81.62 and a high of 82.44 before closing… Read more

The Japanese Yen (JPY) remained at the Y82 level for most of the day with little news. Over the weekend the BOJ Gov talked down the economy stating that the earthquake could push the economy back into recession and this could lead to Yen weakness… Read more

The Japanese Yen (JPY) hit day highs in Asia with the major above Y83 before reversing in the US session as USD weakness overwhelmed. AUD/JPY and EUR/JPY moved multiple Yen higher and have resumed the uptrend. Overall the USD/JPY traded with a low of 82.25… Read more