JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free JPY Forecast Most Read: GBP/USD Hovers at Key Inflection Point Ahead of Inflation and GDP Data The Japanese Yen has continued its struggles this week losing ground to both the Greenback and the British Pound. This comes despite the recent policy tweak
Japanese Yen, USD/JPY, RSI Divergence – Technical Update: Japanese Yen closes at weakest against USD in over a month USD/JPY broader upside path places focus on the June high 4-hour chart shows fading upside momentum at resistance Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The Japanese Yen recently closed at its weakest point
USDJPY is banging against August high The USDJPY is pushing against the high price from last week at 143.88. That is also the highest level since July 7. A break above would open the door for a run toward 144.00. Above that traders will start to look toward a swing area on the daily chart
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
Share: USD/JPY is expected to keep the 140.00-143.30 range for the time being, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Key Quotes 24-hour view: We did not expect the sharp drop that sent USD tumbling to a low of 141.54 (we were expecting it to trade
The USDJPY opened up near its 200-hour moving average at 141.70 and did break below that moving average level and the 38.2% retracement of the move up from the July 28 low at 141.656. However, momentum cannot be sustained on the price of bounce back higher. The pair is currently trading at 142.02. There is
Share: USD/JPY recovers from the lowest level in a week, prints the first daily gain in three. US 10-year Treasury bond yields consolidate the biggest daily slump in three months. China-linked fears, hawkish BoJ Summary of Opinions and pre-inflation moves propel Yen prices. US CPI, PPI and BoJ chatters will be important for
An initial move higher in Wall Street last Friday eventually faded into the close (DJIA -0.43%; S&P 500 -0.53%; Nasdaq -0.36%), as market participants took the opportunity for further profit-taking into the seasonally weaker month of August. The focus was on the US July non-farm payroll report, which saw a miss in job addition for
The US dollar is broadly slumping as Treasury yields fall and dollar bulls take profit. The soft non-farm payrolls headline is winning the day and there’s a UBS note circulating (aided by Nick Timiraos) that argues that next month’s average hourly earnings number will be low. Fed pricing hasn’t changed with about 9 bps of
Bank of America (BofA) outlines three primary reasons why dips in the USDJPY exchange rate are likely to be both shallow and short-lived. Despite the Bank of Japan’s (BoJ) recent adjustments to its Yield Curve Control (YCC), BofA maintains its expectation for USDJPY to rise to 147 by September. Key Points: Unlikely Capital Repatriation: BofA
