Tag Archives: JPY
US Morning Update
Major Overnight Headlines • RBI unexpectedly boosts repo rate by 25bps to 7.50%; lowers marginal lending rate by 75bps
JPY Mid-day Analysis
The December Yen remains on the defensive after yesterday’s negative turnaround, and in spite of the Fed’s tapering inaction this week it may be looking at a new weekly low later in today’s session.
JPY Mid-day Analysis
The December Yen’s post-FOMC meeting strength only lasted a few hours, as prices have fallen all the way back to pre-Fed levels early this morning.
JPY Mid-day Analysis
The December Yen was able to post moderate gains during the overnight session, although prices are still well below their weekly highs during Monday’s “post-Summers news” trading session.
JPY Mid-day Analysis
The December Yen is holding up fairly well in spite of today’s “risk on” market environment, and continues to build upon last week’s reversal from 7-week lows.
The Week Ahead in FX
In the week ahead, investors will be keenly anticipating the outcome of the Fed’s policy-setting meeting on Wednesday,
Weekly CFTC Trader Positioning Data
* There are three key takeaways from this report:1) Traders were nervous and scaled back risk as most currencies saw a reduction in gross short and
JPY Mid-day Analysis
The Yen is technically forming a potential rebound as it made new lows while the daily slow stochastics made a higher low.
JPY Mid-day Analysis
Yesterday’s early session sell off by the Yen hit lows not seen in several weeks only to experience a quick reversal back above the 100 mark.
JPY Mid-day Analysis
After two days of selling pressure the Yen is rebounding slightly in what seems to be nothing more than a knee-jerk reaction,
JPY Mid-day Analysis
The Yen is once again pushing the lower end of its four day trading range. It is indicative of a market that ready to fall apart.
JPY Mid-day Analysis
The Yen opened Monday’s session with a large gap lower almost wiping out Friday’s session losses. An opening such as this shows market disappointment with Friday’s price action;