USD/JPY: Sluggish below 106.00 amid quiet markets
USD/JPY declines to 105.75 during the initial hour of Monday’s Tokyo open. The pair joins the previous two-day downside while taking a U-turn from the
Read More »USD/JPY picks up the bids below 106.00 amid risk-off mood
USD/JPY recovers from the weekly bottom of 105.58 to 105.75 as Tokyo session begins Wednesday’s trading. The quote refrained from respecting the upbea
Read More »USD/JPY continuing its Friday move
USD/JPY is up 200+ points from its lows seen during Asia back on Friday. You might recall we had comments from Japanese Ministry of Finance officials about FX ‘stability’, which…
Read More »FX Update – July 29 – USD got a break but not for long
USDJPY, H1 The Dollar relief rally yesterday and dip today is consolidating the sharp declines seen over the prior 10 days. The narrow trade-weighted USDIndex has posted new 25-month lows…
Read More »Dollar Index Price Analysis: The greenback capitulation continues into the close and heads to a massive support
The dollar’s spectacular demise is continuing into the end of the week. The greenback has even lost ground against the Japanese yen which has been hol
Read More »USD/JPY Price Analysis: No sign of a break out just yet
USD/JPY seems stuck in a sideways range. In historical terms, if there was this much uncertainty in the world the yen would be going through the roof.
Read More »USD/JPY eyes 108.00 as Tuesday’s recovery moves gains momentum
USD/JPY ticks up to 107.65 amid the initial hour of Tokyo trading on Wednesday. In doing so, the yen pair stretches the previous day’s recovery moves
Read More »USD/JPY Rate Outlook Hinges on BoJ Forward Guidance
Forward guidance from the Bank of Japan could determine the fate of the risk-associated USD/JPY, as the central bank is expected to maintain its current monetary policy settings.
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