Tag Archives: USD/JPY
USD/JPY Analysis
The pair stride into subdued Asia session at Y102.39 while euro-yen at Y141.07 and both pairs traded within a tight range of Y102.30 to Y102.46, Y140.98 to Y141.17 respectively.
Daily FX Wrap and Strategy
The NZD is significantly weaker following yesterday’s policyannouncement by the Federal Reserve (see Majors).The NZD/USD is 1.2% off its pre-Fed level, sitting at0.8540 this morning.
USDJPY – wave-(d) rally underway but 102.65/86 resistance for today
We viewed the 101.20/88 range as a bearish consolidation because it followed the downtrend from 103.50; the outlook was proven wrong once prices rallied through 101.88 post Fed yesterday.
Daily FX Update
Markets continue to react to yesterday’s FOMC meeting with a strong USD, soft equities and the US 10‐year yield up to2.78%. The pulling forward of interest rate hike expectations to
Daily Technical Report
EUR/USD declined sharply yesterday,breaching the key support at 1.3834. However,the support implied by the rising channel(around 1.3804) is intact.
FX Daily Majors
Today’s highlights: USDCAD above key resistance at 1.1225/1234 completes a “triangle” continuation pattern, and we maintain our 1.1666/1766 core target.
The Global Macro Pulse
The more hawkish than expected FOMC has led equities to sell off across the board in Asia. Although the Nikkei opened up, it is down about 1.5% at the time of writing.
Comeback for the greenback. More NOK losses seen.
EUR/USD: Once the 1.3879 support gave way the market acceleratedits decline and continued down to the 2011 top line beforehalted.
UBS Morning Adviser
Has liquidity preference in the CHF peaked? The SNB is expected to continue anchoring its policy firmly beyond today’s meeting,
FX Daily
The US Philadelphia Fed survey is expected to rebound in March following the sharpdrop in February. The number will give further input to how much activity is comingback and
Daily Market Technicals
The sharp move lower on Wednesday sliced through layers of support before stalling just short of the 21-DMA. Bulls will now be looking for a close above the $1.3879 level that previously supported on
USD/JPY Analysis
The pair stepped into Asia at Y102.32 while euro-yen at Y141.55 post FOMC rally, both pairs traded a fairly tight Asia range of Y102.22 to Y102.49 & Y141.30 to Y141.73 respectively.