Tag Archives: USD/JPY
FX: mute ECB
Talking the talk is not sufficient to stop EUR. USD broad weakness vs majors should continue for now.
Weekly Economic & Financial Commentary
U.S. Review Is That Spring in the Air? · Retail sales rebounded after two straight months of declines,
USDJPY – extension targets suggest move to 100.87/77…possibly 99
To review, the weekly chart of $JPY suggests that prices are correcting in a wave-[4] ahead of one final push higher. Both interpretations that we favor would eventually follow with at least a test of
Daily FX Update
Based on conditions overnight in Asia and during the London morning, the tone towards ‘risk’ appears as if it is set to end the week on a pretty low note.
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.11/09 sees a defensive range reemerge.
Daily Technical Report
EUR/USD completely reversed yesterday’sstrength, warning of a potential false breakout ofthe strong resistance at 1.3893.
The Global Macro Pulse
The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282.
UBS Morning Adviser
Reserve growth is slowing, but it’s not helping the dollar One of the anticipated transmission mechanisms for dollar strength arising from
FX Daily
Focus will remain on Ukraine where Crimea’s referendum to join Russia will takeplace on Sunday. The referendum is expected to be in favour of joining Russia,
Daily Market Technicals
The relatively bearish close combined with O/B studies is a concern for bulls targeting the $1.4199-1.4247 region, with immediate focus shifting to key support in the $1.3824-34 region.
USD/JPY Analysis
The pair was in demand this morning against a backdrop of risk-averse trading and as Japanese stock markets fell over 2% in the morning session on worries about Ukraine tensions and
Daily FX Wrap and Strategy
The spotlight was on Australasian currencies yesterday. The NZD/USD has pushed higher to trade at 0.8530 currently.