Tag Archives: JPY
JPY Mid-day Analysis
A decline in Japanese March leading indicators of 2.2% overnight was offset by a sharp jump in NipponSteel profits. Like the overnight flow of Japanese news,
JPY Mid-day Analysis
With a slight downshift in anxiety toward the Chinese economy overnight and a minor decline in angsttoward Russia, the safe haven interest in the Yen has waned somewhat.
JPY Mid-day Analysis
A fresh upside breakout on the charts in the Yen overnight was made possible by ongoing ideas that theJapanese sales tax hike hasn’t held back growth as much as was feared.
JPY Mid-day Analysis
Like the Euro, the Yen is garnering a windfall from the overt weakness in the Dollar and also because ofslightly upbeat economic dialogue flowing from Japanese officials.
JPY Mid-day Analysis
The Yen managed a range up extension overnight and also managed an upside breakout on its charts. TheYen probably saw weak Chinese manufacturing figures as supportive and
The Week Ahead in FX
In the week ahead, market participants will be focusing on Thursday’s ECB monetary policy announcement. Rate reviews by BoE and the Reserve Bank of Australia will also be closely watched.
Weekly CFTC Trader Positioning Data
A quiet week for sentiment, given that Tuesday’s position datefails to incorporate much of the event risk that followed. The pullback in all of the long positions underscores this anticipation.
JPY Mid-day Analysis
The Yen found little benefit from last night’s Japanese data and Ukraine tensions and remains somewhat onthe defensive coming into this morning’s trading.
Beware, These Extended FX Positions Are Vulnerable In May
Large currency exposures tend to be scaled back between May and August according to BNP Paribas’ FX Positioning Analysis.
JPY Mid-day Analysis
News that Japan auto sales declined by 11.4% in April relative to year ago levels provided some flight toquality lift to the Yen especially with that decline the first monthly decline since September of 2013.
Week Of The Dollar Or Weak Dollar?
In a note to clients today, Goldman Sachs continues to layout the argument for why the Dollar should strengthen over the coming year, especially against other G10 currencies.
JPY Mid-day Analysis
A temporary flare up rally overnight failed to hold in the wake of a sharp drop in March Construction data.However, the trade seems to believe BOJ suggestions that they are proceeding toward their inflation goals.