Tag Archives: USD/JPY

Draghi enjoys the decline of the euro

In reaction to the a series of indicators that confirmed the strengthening of US growth,

USDJPY – waiting for confirmation (<115) that 5-waves up are complete

Because the trend is still clearly up we’ll need to

Daily FX Update

News that Japan has fallen into recession is weighing heaving on markets leading into the NA open and

Daily Technical Report

EUR/USD has broken the resistance at 1.2509,favouring a longer rebound.

JPY: Weak GDP to delay the tax hike

Japan’s 3Q GDP growth was -0.4% QoQ, the negative outcome again,

The Global Macro Pulse

USDJPY was the big mover in Asia trading, falling to 115.78 post the GDP report from a day high above 117.

The dollar correction has begun.

EURUSD: After a temporary dip below 1.2419 the buyers took controlpushing the pair sharply higher and

FX Daily

In the US industrial production is due for release and we expect an increase of 0.2%m/m in October.

Daily Market Technicals

The sharp bounce from ahead of the $1.2395 support Friday eased bearish pressure and sees the focus shift to

USD/JPY Analysis

Another whipsaw session for the JPY this morning, with dollar-yen opening at Y116.48,

FX: USD challenged

Price action over the past few weeks suggests the EURUSD may rise more on short covering,

Weekly Market Outlook

More surprises in store in Japan? Persistent rumours are reporting that Mr Abe could delay the second rise in VAT,