Tag Archives: JPY
JPY Mid-day Analysis
While the June Yen managed an upside breakout yesterday, the trade was unable to hold those gainsdespite seeing some rather impressive Japanese Machinery orders results yesterday.
JPY Mid-day Analysis
An upside breakout in the Yen to the highest level since February 5th suggests that the Japanese economyis regaining its footing.
Leveraged Funds Cut EUR, GBP Longs, Increased AUD longs
The following are key points in ANZ’s analysis for the latest speculative positioning report (positioning data is for the week ending 13 May.
The Week Ahead in FX
In the week ahead, investors will be looking to the minutes from the Federal Reserve’s latest monetary policy meeting, due for release on Wednesday, for insight on the central bank’s view of the economy.
Weekly CFTC Trader Positioning Data
This was a week of subtle but important change as the marketpared its long exposure to Europe driving the net USD position toflat. In addition, most trends are decreasing,
JPY Mid-day Analysis
Apparently the outlook for the Japanese economy is improving at the same time that safe haven interest inthe Yen (off slowing fears in the US and Euro zone) is on the rise.
JPY Mid-day Analysis
The action in the Yen is choppy as the ebb and flow of safe haven interest has been inconsistent this week.While the yen did manage a fresh new high for the move overnight on favorable BOJ economic talk,
JPY Mid-day Analysis
An apparent downside shift in global macro-economic expectations has rekindled long interest in the Yen.Therefore a slight safe haven tilt appears to have re-surfaced with Fitch affirming Japan’s A+ rating.
JPY Mid-day Analysis
With a pattern of positive euphoria generally seen at the start of this week, acceptable Chinese Industrialoutput figures and ongoing gains in US equities, the bear camp in the Yen retains an edge.
JPY Mid-day Analysis
While a rise in bank lending activity facilitated some selling in the Yen this morning, the market looks tohave fairly solid support just under the market at 98.00.
The Week Ahead in FX
In the week ahead, investors will be looking ahead to the BoE’s quarterly inflation report for further indications of the expected course of monetary policy.
Weekly CFTC Trader Positioning Data
The net short USD position widened to $6bn, with only CAD andJPY still held net short and AUD, NZD, MXN, EUR, GBP and CHF allheld net long. Over the last few weeks, positioning changes havebeen relatively minor.