Tag Archives: USD/JPY

USD/JPY Analysis

The pair opened at Y108.78 after last night’s retreat to a Y108.65 low during the US session.

Bulls are taking a little comfort in the bounce from just short of the key $1.2500 level when combined with O/S daily

EUR/USD continues to move lower, confirmingpersistent selling pressures.

Today’s highlights: EURUSD breaks to a new cycle low,

In G10, EUR and JPY were both flat to Friday’s NY close around 1.252 and 109.6 respectively.

EURUSD: With the move below 1.2614 the correction case evaporatedand the pair

Bearish dominance was again confirmed on Friday with the move to fresh 2014 and 2 year lows falling just short

A quiet morning for the JPY so far this Monday, following the dollar’s rise to a Y109.90 high on Friday in the US,

Markets still have faith in the ECB The 40-day rolling correlation between the EUR/USD and

The USD is strong, even as U.S. yields remain low, equities rise and commodities drop.

Today’s highlights: EURUSD’s bounce remains seen as corrective ahead of a resumption of

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirming anunderlying bearish trend.