Tag Archives: USD/JPY
USD/JPY – Buy On Dips Strategy
Morgan Stanley is switching its USD/JPY strategy to one of buying on dips,
Daily FX Update
A broad-based rally in the USD continues ahead of Wednesday’s event-filled NA session that will include the release of ADP employment figures,
Daily Technical Report
EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and
We Stay USD Long
US front-end yields remained firm on Tuesday, despite a modest setback for equities as new US sanctions on Russia were announced, notes BNP Paribas.
Learning from past FOMC & NFP reactions
Since 2013, FOMC meetings without a press conference have been associated with absolute daily percentage changes in EUR/USD and
The Global Macro Pulse
EURUSD is steady at 1.3409 after its fall in late NYC trading, AUDUSD is similarly flat at 0.9382, and USDJPY is 102.09.
Strong Dollar & strong German bond market, scandies & kiwi weaker
EURUSD: Should extend losses below 1.34. There is nothing in the dailies nor in the intradailies indicating that buyers are about to grab the initiative.
FX Daily
Main event will be the FOMC statement tonight (no press conference or newprojections at this meeting).
Daily Market Technicals
EUR/USD is hovering precariously above the $1.3390-00 region as it consolidates Tuesday’s break below the 200-WMA ($1.3419),
USD/JPY Analysis
The pair continued to make gains in overnight trade, rising above both the 100-day and (Y102.04) and 200-DMA (Y102.13) before peaking at Y102.16 in NY.