Retreats from 15-year high below 160.00 ahead of Eurozone inflation

Share: EUR/JPY takes offers to refresh intraday high while reversing from multi-year high. Nine-week-old ascending resistance line restricts immediate upside amid sluggish MACD. Convergence of 10-DMA, monthly support line joins upbeat RSI to keep buyers hopeful. Upbeat Eurozone CPI, HICP data for August can bolster hawkish bias about ECB and restore upside. EUR/JPY

Timing of exit from easy policy must be not too late, not too early

Share: “The timing of exit from the easy policy must be not too late but not too early,”  Bank of Japan (BoJ) board member Naoki Tamura said on Wednesday. Additional comments Whether scaling back easy policy early next year will depend on various data at the time. Ending negative rate, YCC are all

Japanese Yen Slides on BoJ and Fed Commentary from Jackson Hole. Higher USD/JPY?

Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, JGB, Yields, Ueda, Powell – Talking Points USD/JPY is contemplating new peaks after reaching higher this week The BoJ and the Fed appear to be on differing paths, and it might assist USD/JPY The moves in Treasury yields might hold the key for USD/JPY direction Trade Smarter –

USD/JPY up After BoJ Minutes, GBP/JPY Consolidates

Japanese Yen (USD/JPY, GBP/JPY) Analysis Recommended by Richard Snow How to Trade USD/JPY BoJ Summary of Opinions Confirm Dovish Yield Curve Tweak Bank of Japan (BoJ) officials looked to set the record straight, that the slight yield curve adjustment announced on the 28th of July was a means of prolonging current loose monetary policy in

BoJ Minutes, US Credit Downgrade Cools Yen Selloff

Japanese Yen (USD/JPY, EUR/JPY) Analysis The yen claws back some losses after BoJ minutes and clarity from Deputy Governor Uchida on the intention of recent yield curve adjustment USD/JPY heads lower after BoJ meeting and US credit downgrade EUR/JPY advance stalls ahead of potential triple top The analysis in this article makes use of chart

Japan eco min says the BOJ YCC decision intended to help sustainability of easing

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not