Tag Archives: JPY
JPY Mid-day Analysis
The Yen has forged another lower low for the move and appears to be poised to return to and perhapsbelow the December and January lows.
JPY Mid-day Analysis
The Yen has seemingly finished its technical balancing/short covering action and has seemingly shiftedback into the down trend pattern once again.
JPY Mid-day Analysis
The recent upward bid in the Yen has been reversed early today in the wake of disconcerting revelationsthat Japan’s Current Account deficit for November was the largest ever.
JPY Mid-day Analysis
At the end of last week we projected a rally in the Yen in the wake of the US data, with upside targeting atthe time seen up at 95.60 basis the March Yen contract.
The Week Ahead in FX
In the week ahead, investors will be closely watching U.S. data on retail sales, inflation and consumer sentiment, as well as speeches by two Federal Reserve officials on Tuesday. U.K. data on retail sales and inflation will also be in focus.
Weekly CFTC Trader Positioning Data
Investors pared exposure to European currencies heading into key US & ECB events, reducing net long positions in EUR, GBP and CHF. Meanwhile, JPY, CAD and AUD continue to be held net short.
JPY Mid-day Analysis
Japanese economic data overnight was non descript with Japanese leading indicators showing minimalgains. However, with somewhat discouraging Chinese export data overnight and another decline in the ShanghaiComposite,
JPY Mid-day Analysis
The March Yen has remained weak on the charts this morning, despite a slight up tick in Japanese pricemeasures. In other words, data tempering the deflationary spiral fear in Japan were largely ignored,
JPY Mid-day Analysis
The Yen showed some noted range down weakness overnight but then rejected that pulse lower. Perhapsthe Yen was lifted by a series of potentially positive Chinese news items.
JPY Mid-day Analysis
The Yen was unable to climb above the prior session’s high overnight and it spent most of the earlyTuesday trade in lower ground. Slack Chinese economic views and fears of the upcoming tax would seem to
JPY Mid-day Analysis
While the Yen has managed to rise against the downtrend pattern at times over the prior 3 trading sessions,that action probably served to balance the oversold technical condition and
The Week Ahead in FX
In the week ahead, the Fed is to publish the minutes of its December meeting on Wednesday, while the U.S. jobs report for December is scheduled to be released on Friday.