Tag Archives: USD/JPY
Daily FX Update
Conflicting headlines over Russia and Ukraine guide markets late in the European session with the focus on
New financial forecasts
We revise our FX forecasts for the remainder of 2014, for 2015 and for the first time provide financial forecasts for 2016.
Sterling catches Salmondella, buy GBP vol
There is just over two weeks to go before the Scottish referendum and risks remain poorly understood and inadequately priced.
The Global Macro Pulse
After rallying in US trading, the USD has continued to climb against the yen to 105.25,
USD/JPY should check support at 104.75/50. The pound suffers badly.
EURUSD: EUR/USD should give something back. Correctively target 1.3145\53 before down.
FX Daily
Euro-area service PMIs are due for release and focus will be on the first figure forSpain and Italy.
Daily Market Technicals
EUR/USD remains heavy after again failing to make any impact on the $1.3159 level. Layers of resistance remain $1.3159-1.3485 with
USD/JPY Analysis
The pair opened at Y105.09 this morning, down from the overnight peak of Y105.21 traded during the US hours.
JPY: Weaker vs USD
BOJ action of any kind doesn’t look imminent. The BOJ did downgrade its assessment on exports at its meeting in August but
