Tag Archives: JPY
The Week Ahead in FX
In the week ahead, Fed Chair Janet Yellen is to testify on the bank’s semiannual monetary policy report in Washington. Her comments will be closely watched.
Weekly CFTC Trader Positioning Data
• Shifting risk appetite, ISM-related concerns over the pace of US growth, and central bank-driven positioning were the key themes driving sentiment this week.
FX Weekly Report
Is the yen ready for a new phase of weakness? The turmoil in emerging markets has led to Japanese yen appreciation especially given its perceived safe haven status.
JPY Mid-day Analysis
The Yen slid to a fresh lower low for the move overnight which in turn suggests that the overall macroeconomic fear level is declining. From the recent high, the March Yen has given up
JPY Mid-day Analysis
The Yen continues to garner a measure of safe haven buying interest in the wake of BOJ commentswarning against more emerging markets turmoil ahead.
JPY Mid-day Analysis
The Yen looks to remain in an uptrend pattern, with higher highs and higher lows consistently unfolding formost of the last 3 weeks. Bargain hunting in the Nikkei might be attracting some long interest into the Yen,
JPY Mid-day Analysis
BOJ comments overnight suggest that the Japanese economy is recovering and that Japan will be able tohit its 2% inflation target and that could underpin the Yen. However, with somewhat higher US equities and
JPY Mid-day Analysis
A fresh upside breakout in the Yen would seem to indicate ongoing safe haven anxiety off the emergingmarkets situation but the Yen might also be drafting some lift from lackluster Chinese data overnight.
The Week Ahead in FX
In the week ahead, investors will be keenly anticipating Friday’s U.S. nonfarm payrolls report for January after December’s report showed that the economy added far fewer jobs than expected.
Weekly CFTC Trader Positioning Data
• Risk aversion on the back of EM jitters drove a significant shift in currency positions this week. Investors shifts included short covering in JPY with increased long allocation to gold, EUR and GBP;
JPY Mid-day Analysis
The Yen has a slight bid this morning, but one can’t say that the Yen is set to see definitive flow of safehaven support from the emerging markets situation today.
The Global Macro Pulse
Markets are closed for the lunar new year holiday in China, Hong Kong, Taiwan, Indonesia, Singapore, Vietnam, and Korea. Elsewhere, sentiment remained generally weak despite the stronger US equity performance in NY trading.