Japanese Yen Outlook: USD/JPY May Fall to Support as Covid Boosts Haven Bets
Despite the continuing surge in Covid cases and a worse than expected U.S. jobless claims report, Wall Street ended the day higher. USD/JPY reversed an intraday move higher, looking to…
Read More »Japanese Yen: USD/JPY May fall as Election Gives Way to Rising Covid Cases
The Japanese Yen may strengthen, causing USD/JPY to follow a falling wedge as election headlines fade away. The Covid situation continues to evolve across the globe and Yen strength may…
Read More »USD/JPY bulls losing conviction in the 105 area
USD/JPY was net flat overnight, drifting around 105.30 and is now firmly on the backfoot. At the time of writing, the pair is down some 0.13% and has
Read More »USD/JPY: Snaps three-day uptrend despite cautious optimism over 2020 US elections
USD/JPY fails to keep the previous three days’ update momentum while easing to 104.75, down 0.06% intraday, during Tuesday’s Asian session. Although t
Read More »USD/JPY bounces off monthly low towards 105.00 as market optimism fades
USD/JPY refreshes intraday high to 104.70, currently around 104.65, as markets in Tokyo open for Thursday’s trading. In doing so, the pair consolidate
Read More »Strong demand for EU’s First Social Bonds
The Euro has slipped back into the outperforming lane in showing a 0.3% gain on the dollar, a 0.5% advance versus the Yen and gains against Sterling and the Dollar…
Read More »ForexLive Americas FX news wrap: US retail sales beat estimates
Forex news for North American trade on October 16, 2020: Markets: – Gold down $9 to $1899 – US 10-year yields up 1.3 bps to 0.745% – S&P 500 flat…
Read More »USD/JPY stays above 105.50 despite sluggish US T-yields
USD/JPY stays mildly positive while taking the bids near 105.70, up 0.04% intraday, amid the initial hour of Tokyo open on Wednesday. The yen pair rec
Read More »USD/JPY welcomes October with mixed clues above 105.00
USD/JPY rises to 105.50 as markets in Japan open for Thursday’s trading. The yen pair surged to the highest since September 15 the previous day before
Read More »Currencies broadly gaining against the USD in early Asia trade
GBP is getting a bit of further support from this: But, gains are broader than only GBP. EUR, AUD, NZD, CAD, yen are all adding on points against the big…
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