Tag Archives: JPY
JPY Mid-day Analysis
The September Yen made another attempt to climb past the 103.00 level during overnight trading, but has slid back towards unchanged levels this morning.
Risks & Drivers – International Economics Monthly
Our global economic growth forecast for 2013 is unchanged at a below average rate of 2.9%.
JPY Mid-day Analysis
The September Yen has come through a bumpy overnight session with modest strength, but is looking increasingly vulnerable to a large downside move later this morning.
JPY Mid-day Analysis
The September Yen remains somewhat on the defensive this morning, and is showing few signs of regaining any large amount of recent lost ground in the wake of yesterday’s downside breakout.
JPY Mid-day Analysis
The September Yen produced a gap-lower opening last night that has turned into a sizable downside breakout, with prices posting heavy losses coming into this morning’s trading.
The Week Ahead in FX
In the week ahead, investors will be closely watching US data on retail sales and consumer inflation, as well as reports from the housing and manufacturing sectors.
FX Sentiment Report
• The USD is still held net long but week-over-week changes suggest that sentiment is rapidly turning to a more bearish USD stance.
JPY Mid-day Analysis
The September Yen went through a bumpy night of trading, but has returned back to unchanged levels this morning and continues to hold onto this week’s sizable gains.
JPY Mid-day Analysis
The September Yen was unable to sustain an overnight move to a new 7-week high, but remains very well supported going into this morning’s trading.
JPY Mid-day Analysis
The September Yen has extended last Friday’s rebound from just above the 100.00 level with substantial early-week gains,
The Week Ahead in FX
In the week ahead, investors will be looking ahead a key US economic data to further gauge the strength of the US economy and the need for stimulus.
FX Sentiment Report
• Sentiment continues to favor the USD, as nearly all of the majors are held net short vs the USD.