Tag Archives: JPY
JPY Mid-day Analysis
The Yen is garnering some indirect lift from overt weakness in the Euro and Swiss. However, the Yen isalso seeing some support from improved economic signals,
JPY Mid-day Analysis
Favorable Japanese economic readings released overnight would seem to leave the Yen in a downwardtrack on its charts at the start of the new trading week.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to Thursday’s U.S. retail sales report for further indications on the strength of the U.S. recovery.
Weekly CFTC Trader Positioning Data
• Sentiment continues to diverge with building bearish EUR andJPY positions and steadily bullish AUD, NZD, MXN and GBP holdings.
JPY Mid-day Analysis
We would not expect the Yen to show much direction today unless the US numbers are better thanexpectations and then the Yen might see some modest pressure.
JPY Mid-day Analysis
The Yen has forged a slight recovery move overnight and that action might have been the result of shortcovering ahead of important developments in the Euro and US today.
JPY Mid-day Analysis
A decline below a critical moving average and an additional downside extension overnight leaves the bearcamp in firm control.
JPY Mid-day Analysis
The Yen has initially managed to respect the prior session’s low but a decline in Japanese April wageslooks to leave the path of least resistance pointing downward.
JPY Mid-day Analysis
With strength in the Dollar and disappointing Japanese domestic auto sales figures for May releasedovernight, the bear camp starts the new trading week in the Yen with a distinct edge.
Leveraged Funds Increasing Their Bets Against EUR, CHF
Leveraged funds increased their short bets against the EUR on expectations of policy easing at the upcoming 5 June meeting.
The Week Ahead in FX
In the week ahead, investors will be looking to Friday’s U.S. nonfarm payrolls report for May for further indications on the strength of the labor market,
Weekly CFTC Trader Positioning Data
Sentiment is shifting back in favour of the USD warning of further near‐term USD gains. Overall market positioning is light; with most currencies held close to flat.