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JPY Daily Review July 1, 2018

JPY Daily Review for July 1, 2018

USD/JPY Tests Uptrend Resumption Post 1992 Japan Jobless Rate Low

USD/JPY could be at the edge of uptrend resumption following the lowest recorded Japanese jobless rate since 1992 at 2.2%. It eyes risk trends next,


USD/JPY breaks above key trendline, hits two-week high on the EU migration deal

The risk assets are on the rise and the safe havens and the funding currencies like the Japanese Yen are being offered across the board on the news th


EUR/JPY gallops to 129.10 on EU immigration deal news

The cross in the EUR/JPY received the much-need booster shot and jumped more-than 100-pips following the news that the European Council (EUCO) reached


USD/JPY hit session highs after BOJ trimmed JGB purchases in routine operation

The market seems to have come to terms with the fact that the Bank of Japan (BOJ) trims or boosts JGB purchases depending on whether there is downward


GBP/JPY holding steady near 144.50 as market sentiment grinds it out

The GBP/JPY is flat heading into Friday’s Asia session, sticking close to 144.50 heading into the week’s end. The Sterling dipped against the Yen on T


USD/JPY Bullish Series Faces Range Resistance

USD/JPY appears to be making another attempt to test the May-high (111.40), with the pair approaching the upper end of the near-term range.


USD/JPY sticks to daily gains above mid-110s despite USD weakness

Despite the broad-based selling pressure witnessed on the USD, the USD/JPY pair preserves its daily gains and remains on track to end the week with a


USD/JPY and AUD/USD Forecast July 2, 2018

The US dollar initially fell during the trading session on Friday but turned around the show signs of strength and we broke above the downtrend line that has…


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