Tag Archives: JPY

JPY Mid-day Analysis

The Yen remains in a pattern of lower highs and lower lows this morning and there might not be much in

Apparently geopolitical angst and slack global economic data hasn’t fostered safe haven or repatriation buying of the Yen this week.

While the Yen could have derived some support from safe haven interest in the wake of disappointing global economic news flow overnight,

Surprisingly the Yen has remained out of favor despite a slight up-tick in economic uncertainty from the Euro zone.

Apparently the sharp range up effort last week was rejected soundly and some of the flight to qualityinterest in the Yen has waned.

Leveraged funds saw the biggest weekly increase in net long USD positioning since February 2013.

In the week ahead, investors will be continuing to monitor geopolitical risk, while preliminary data on second quarter growth from

• The market is shifting to an increasingly bullish view of the USD; with the net USD position rising to $26bn

A fresh higher high overnight in the Yen suggests some lift from a combination of renewed safe haven interest in the Yen and

With a pattern of higher lows, the bias in the Yen remains up. Increased tensions with China over some

Given the rise in uncertainty toward Europe, the prospect of more significant global equity market losses ahead and

Despite a tight range in the Yen overnight, the currency remains in a pattern of lower highs and