JPY Trading Outlook Archive

The Japanese Yen (JPY) tested Y82 but held firm and rebounded softly into the close. The outlook for the USD/JPY is range trading until the Y81-84 limits are broken. EUR/JPY traded around the Y115 level as the market consolidated the rally. Overall the USD/JPY traded… Read more

The Japanese Yen (JPY) was weaker across the board in a strong risk on move that sent the USD/JPY back above Y82. EUR/JPY was the best performer sky rocketing on ECB announcement. Overall the USD/JPY traded with a low of 81.71 and a high of… Read more

The Japanese Yen (JPY) tested resistance at Y82 twice throughout the day but failed to hold above the figure and fell back in the US session on renewed dollar selling. Friday&amp rsquo s Non Farm US Jobs report is always a major mover for the… Read more

The Japanese Yen (JPY) was strong across the markets as stocks dived and the USD/JPY struggled to maintain above the Y82 level. US Fed Chief Bernanke spoke in the US session but offered little more except to reinforce being committed to the QE2 600bn program…. Read more

The Japanese Yen (JPY) the market fell back on the major to support at Y81.60 after failing to reclaim the Y82 level during the Asian sessions. Crosses were more volatile with BGP/JPY leading the market lower. Overall the USD/JPY traded with a low of 81.63… Read more

The Japanese Yen (JPY) Dollar weakness sent the major through Y82 to hit stops before rebounding on good cross buying. GBP/JPY has been sluggish in the past 3 days and the recent rally is threatening to unravel. Overall the USD/JPY traded with a low of… Read more

The Japanese Yen (JPY) gained against most currencies on risk aversion as the safe haven demand pushed USD/JPY lower. The outlook for the major will be largely dependent on the speed of the US recovery and size of QE. Overall the USD/JPY traded with a… Read more

The Japanese Yen (JPY) had a volatile trading day with risk aversion sending the Yen higher across the board. The USD/JPY was able to spike higher in Asia to Y83.40 after Moody&rsquo s put Japan on negative watch. &nbsp Overall the USD/JPY traded with a… Read more

The Japanese Yen (JPY) was supported on safe have flows as the market sold back recent rallies in EUR/JPY and GBP/JPY on spreading middle eastern uprisings. USD/JPY found support at Y83 and remained close to the figure all day. Overall the USD/JPY traded with a… Read more

The Japanese Yen (JPY) was under constant selling pressure on USD/JPY as Dollar weakness pushed the pair back to Y83. Most crosses gained slightly however as EUR/USD, GPD/USD and AUD/USD outpaced to the topside. Overall the USD/JPY traded with a low of 83.04 and a… Read more