Tag Archives: USD/JPY

FX Daily

Focus will be on Janet Yellen’s speech in Jackson Hole at 16:00 CET. Yellenspeaks on the subject of the labour market

Daily Market Technicals

EUR/USD has bounced a little from ahead of recent 2014 lows but layers of resistance $1.3298-1.3445 still remain an issue for

USD/JPY Analysis

JPY opened at Y103.85 this morning after failing to extend its highs beyond the Asian high of Y103.96 in overnight dealings.

FX Daily Majors

Today’s highlights: EURUSD has achieved our 1.3248/28 initial target. Although this should be allowed to hold at first, we stay bearish for 1.3020/15.

Daily FX Update

The market is rapidly switching gears from focusing on a hawkish set of FOMC minutes to a potentially dovish sounding Chair Yellen.

EUR/USD continues to decline as can be seenby the break of the strong support at 1.3296. Theshort-term technical structure is negative as longas prices remain below the hourly resistance at1.3336 (12/08/2014 low).

FX Daily: Intraday seasonality in the majors

Seasonality patterns caught the attention of equity and commodity investors long ago.

The Global Macro Pulse

The USD is stronger across the board. AUDUSD fell to 0.9252, EURUSD is lower at 1.3245 having taken out barriers at

Dollar strength getting traction

EURUSD: The passage of 1.3295 (Nov 2013 low) paved the way forlower prices and the pair soon arrived at 1.3250,

FX Daily

Today’s Flash PMIs in Germany, France and the euro area will give more cluesabout the slowdown in the euro area.

Daily Market Technicals

EUR/USD remains heavy following closes below previous key support levels at $1.3333 and $1.3294.

USD/JPY Analysis

JPY was under pressure through the morning today after dollar-yen opened at Y103.76 and euro-yen at Y137.58.