JPY Trading Outlook Archive

The Japanese Yen (JPY) the major struggled to maintain recent strength as the broad USD weakness weighed on the pair. Crosses though mostly headed higher with AUD/JPY pushing fresh multi-month highs above Y84. Overall the USD/JPY traded with a low of 83.33 and a high… Read more

The Japanese Yen (JPY) retested Y84 but failed at the level and pulled back on the USD selling in other pairs. Crosses though were well supported except for GBP/JPY which suffered from some weak fundamental news. Overall the USD/JPY traded with a low of 83.48… Read more

The Japanese Yen (JPY) grinded higher on general USD strength but solid resistance was found near Y83.9. Crosses were mixed with AUD/JPY lower on US stocks but GBP/JPY did well on inflations concerns. The BOJ held at 0.1% as widely expected. Overall the USD/JPY traded… Read more

The Japanese Yen (JPY) was strong as USD/JPY fell in Asia from light profit taking but was well supported near Y83. Q4 GDP showed a -0.3% print vs. -0.5% forecast but is still negative, showcasing the struggles of the Japanese economic recovery. Overall the USD/JPY… Read more

The Japanese Yen (JPY) pushed higher on the improving outlook for the US economy while the Japanese economy continued to remain sluggish. The USD/JPY could be a major mover this year having suffered greatly in the past couple of years. Resistance was found above Y83.70… Read more

The Japanese Yen (JPY) responded sharply to the US jobless Claims data breaking back above Y83 in a potentially important technical move higher. The market has been in a Y83-82 range for months and could be poised for a breakout in coming sessions. Overall the… Read more

The Japanese Yen (JPY) consolidated above Y82 and grinded higher in quiet trade. Close attention is paid to the US treasury Yields when trading USD/JPY with higher Yields supporting the USD and pushing the pair higher. Overall the USD/JPY traded with a low of 82.19… Read more

The Japanese Yen (JPY) briefly dipped below Y82 before rebounding back to opening levels late in New York. The outlook is still very mixed as the weak USD fights strong Yen crosses. Overall the USD/JPY traded with a low of 81.75 and a high of… Read more

The Japanese Yen (JPY) remained in a 20 pip range consolidating the move higher on Friday. Crosses where more volatile with EUR/JPY tracking the major. Most of Asia is away for new year celebrations but should return tomorrow to create fresh volatility as they play… Read more

The Japanese Yen (JPY) Broke above Y82 and surged towards Y82.50 resistance before profit taking into the weekend. Crosses were all buoyant as traders look to express risk appetite. USD weakness in recent weeks has being pressuring the USD/JPY but the action has been very… Read more