Tag Archives: JPY
The Week Ahead in FX
In the week ahead, the dollar looks likely to remain under pressure ahead of the outcome of the Fed’s upcoming policy meeting later in the month.
Weekly Economic & Financial Commentary
U.S. Review Mixed Signals About Third Quarter Growth • The August employment report signaled continued modest job growth.
JPY Mid-day Analysis
The Yen’s decline everyday this week is being reversed this morning with a fairly good rally.
JPY Mid-day Analysis
The Yen continues today with this week’s negative tone but is showing signs of selling fatigue. For the sell off to continue one of today’s US economic reports will need to be extremely good.
JPY Mid-day Analysis
The Yen, also in a tight range so far, does have a slight downward bias. The Bank of Japan (BOJ) meets on Thursday to decide monetary policy.
JPY Mid-day Analysis
The Yen experienced broad based selling in Monday’s session as market sentiment pointed to global economic improvement and Japan’s Monetary Base expanded 42.0%;
USDJPY above 99.15 completes a bull “triangle”
USDJPY has broken above key resistance from its downtrend from May and recent high at 99.15, and assuming a close is achieved, this should confirm a bullish “triangle” has been established.
The Week Ahead in FX
In the week ahead, markets in the U.S. are to remain closed on Monday for the Labor Day holiday.
JPY Mid-day Analysis
The September Yen is finding little upside momentum early this morning, as last night’s broad set of Japanese economic reading produced mixed results.
JPY Mid-day Analysis
The September Yen continues to lose safe-haven support this morning, and is looking increasing vulnerable to a sharp downside move over the rest of this week’s trading.
USD/JPY still the pick of the G10
Eighteen months ago I drew a schematic to show how FX performance changes over time, arguing on the basis of valuations,
JPY Mid-day Analysis
The September Yen made a fresh two-week high last night, but has lost upside momentum and has fallen all the way into negative territory this morning.