Tag Archives: USD/JPY
Stronger yen. Lurking SEK buyers?
EURUSD: After Thursday’s downside failure the buyers were in thedriver’s seat Friday and the week ended on a positivefooting.
UBS Morning Adviser
Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and
FX Daily
We expect today’s euro-area inflation to increase to 0.7% y/y (from 0.5% y/y in May)from an initial forecast of just 0.5% y/y on the back of the higher-than-expectedGerman inflation numbers released on Friday.
Daily Market Technicals
Pressure remains on last week’s highs to start the new week with the $1.3672-77 resistance region remaining key overall.
USD/JPY Analysis
The pair opened at Y101.47 this morning, just at the US session high traded on Friday and and then drifted lower in light dealings.
USDJPY – wave-c of E is targeting 101; look for 101.32 break near-term
The triangle we were tracking from 6/12 broke in a bearish fashion and has continued the downtrend that began with the 102.80 top.
Daily FX Update
Markets are favouring risk aversion, but most activity has been relatively muted. Equities are soft, the U.S. 10year yield is at 2.51% and the USD is mixed;
USD/JPY Technical Analysis
In USD/JPY, Commerzbank notes that it has finally eroded its 200 day ma at 101.68 .
FX Daily Majors
Today’s highlights: USDJPY has broken 200-day average and price support at 101.70/61, and we look for weakness to extend towards 100.84/76.
Daily Technical Report
EUR/USD continues to move within thehorizontal range defined by 1.3503 and 1.3677.Yesterday weakness was met with buyinginterest.
USD/JPY Analysis
USD/JPY has this morning broken below its pivotal 200-day MA level at 101.70, notes BNP Paribas.