Tag Archives: USD/JPY

Weekly Report

Market ready of easing Last week ECB President Mario Draghi cautioned that some policy adjustment might be needed at the June 5th meeting.

Daily Technical Report

EUR/USD made a bullish intraday reversal nearthe key support area between 1.3673 (see alsothe wedge formation) and 1.3643 (see also the200 day moving average) yesterday.

FX Daily Majors

Today’s highlights: USDJPY’s focus turns to “neckline” support and the 200-day average at 101.23/21.

Asian shares fell, with the Nikkei down 1.7% on the day. HSI dropped 0.7%, the Kospi fell 0.6% and ASEAN markets were 0.1% to 0.6% lower. S&P futures were marginally lower following the sharp correction overnight.

FX Daily

Today’s data calendar is rather thin. In the US, the main focus will be on the releaseof housing starts and building permits for May as well as the release of theUniversity of Michigan confidence indicator.

UBS Morning Adviser

Watch Japan Post too Yen bears have focused their attention on the diversification plans of Japan’s GPIF,

USD/JPY Analysis

The pair started in Asia at Y101.58 after recovering from the overnight fall to Y101.31 lows. Early selling pressure saw dollar-yen slip a bit and this accelerated after Japanese stocks opened lower.

Nordea: USDJPY Analysis

Nordea Markets official forecast is unchanged: USDJPY at 102 in 3M, with downside risks.

US Yields Drop Sparks Risk Aversion: Something Is At Work?

The sharp drop in longer-term U.S. Treasury yields, seen in recent sessions and again Thursday, has sparked risk aversion in other asset classes, with the dollar tumbling versus most majors, and commodity and stock prices falling.

USD: Recovery Delayed, Not Dead

We retain conviction in our view that the US dollar recovery will gain traction as 2014 progresses and into 2015. At the same time, our mid-2014 forecasts for most G10 pairs now look to be a stretch.

EUR/USD At A Turning Point: New FX Forecasts

Mario Draghi’s ‘promise’ of further ECB easing in June could very well be the turning point for the euro and in general we have pencilled in more euro weakness to

Daily Technical Report

EUR/USD is close to the key support areabetween 1.3673 (see also the wedge formation)and 1.3643 (see also the 200 day movingaverage). Given the recent sharp decline, ashort-term phase of stabilisation is likely.