Tag Archives: USD/JPY
“We are bullish USDJPY”
Japanese core machinery orders surged in March to 16.1% yy (and should rise in April – June too) easily surpassing modest expectations, notes BNP Paribas.
FX Daily Majors
Today’s highlights: USDJPY’s spotlight remains on pivotal “neckline”, price and 200-day average support at 101.23/20, below which can see a top.
The Global Macro Pulse
The USD has weakened slightly. EURUSD has risen above 1.370 from a low of 1.369 earlier. USDJPY remained in a tight range and seemed firmly capped below 101.60.
UBS Morning Adviser
FX market fails to register sovereign issues During the height of the Eurozone crisis, being short the euro was considered the most convenient way to
FX Daily
In terms of data releases, we have a very light calendar today. Instead, focus willcontinue to be on comments from ECB board members Weidmann, Mersch andCoeure.
Daily Market Technicals
EUR/USD continued to consolidate below the 100-DMA to end last week after having traded down to fresh 3 month lows. Bulls need to see a close above the 100-DMA to confirm an
USD/JPY Analysis
JPY started this morning with very small losses, as dollar-yen opened at Y101.57 while euro-yen opened at Y139.14.
Weekly Technical Outlooks For EUR/USD, & USD/JPY
EURUSD’s initial push through the early April low at 1.3676 (double top trigger for a measured move decline to just below 1.34) has stalled and
FX: don’t dream it’s over
USD is testing multi-month resistance, but needs to confirm the break yet. Lower global yields – key risk for EURUSD. But hopes that China won’t disappoint this week…
BNZ: USD Recovery: Delayed Or Dead?
Bank of New Zealand retains the conviction that the US dollar recovery will gain traction as 2014 progresses and into 2015.
BNP Paribas: FX View
The top ten views we originally outlined in our year-ahead publication last December remain in place. To review, our 2014 top ten were:
Weekly Economic & Financial Commentary
U.S. Review Mixed Data Unlikely to Change Fed’s Outlook • Although some indicators, such as retail sales and industrial production,