Tag Archives: USD/JPY
FX Daily
Today’s data calendar is relatively light with focus likely to stay on US data. In linewith consensus expectations,
Daily Market Technicals
EUR/USD continues to grind its way back towards the $1.3583-1.3602 resistance region with support now having developed on the hourlies at $1.3546.
USD/JPY Analysis
JPY opened at Y101.70 and euro-yen at Y137.83 on Friday 13th in Asia, from NY’s range of Y101.61-Y102.14 & Y137.73-Y138.18.
Daily FX Wrap and Strategy
The NZD/USD sits 1.6% higher than 24-hours ago, at0.8680 this morning. It was the best performing currencyby a large margin, after the RBNZ’s meeting yesterday.
Daily FX Update
Volatility remains low, markets are generally quiet even as there is building focus on oil prices (WTI has rallied up to $106 and Brent up to $112) on the back of security concerns in Iraq.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thatlevel as buying interest has thus far remainedweak.
Stellar post-RBNZ kiwi move!
EURUSD: Outside 1.3522/59 needed for direction. Do nothing inside 1.3522/59, but go with the flow on a break, either for return to the post ECB-flow of 1.3503 and
UBS Morning Adviser
BoK holds as widely expected, outlook and statement largely carried over As unanimously predicted by forecasters, the Bank of Korea (BoK) held policy rates at 2.50%.
FX Daily
In the US we expect growth in retail sales to have remained relatively subdued in Mayas less boost from weather-related pent-up demand probably continued to weigh a bit.
Daily Market Technicals
EUR/USD continues to consolidate at the lower end of last week’s range with bearish pressure dominating.
USD/JPY Analysis
JPY started at Y102.07 in Asia Thursday from a NY range of Y101.87-Y102.07, the spot touched Y102.10 before sliding lower to hit session low of Y101.97 and surged to session high of Y102.15.
Daily FX Wrap and Strategy
The NZD/USD has been the strongest performing majorcurrency over the past 24-hours, sitting at 0.8560 thismorning.