Tag Archives: USD/JPY

FX Daily

Today’s most interesting event are the minutes from the FOMC meeting on 29October,

EUR/USD continues to find support on dips ahead of 2014 lows and resistance ahead of the $1.2584 level.

The pair opened at Y116.86 this morning in Asia and tested Y117.00 in early dealings before backing away.

Entering the NA trading session, the USD is weak, with many other markets relatively quiet.

Today’s highlights: EURJPY is vulnerable to a snap back correction,

EUR/USD has weakened near the resistance at1.2577.

EURUSD: It’s not a one way ticket – as it should be during corrections.

USDJPY was largely steady around 116.6 ahead of the Abe’s press conference.

We expect the German financial ZEW expectations to break the 10-month streak ofdeclines and

The sharp correction lower from Monday’s spike above the 21-DMA has reconfirmed the bearish bias and

The pair opened at Y116.45 this morning after a Y116.08 to Y116.55 range during the US hours last night.

The NZD/USD sits slightly higher, around 0.7930, thismorning.