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JPY Daily Review July 3, 2018

JPY Daily Review for July 3, 2018

Forex Today: Yen bid on risk-off, Aussie unmoved by RBA, UK construction PMI in focus

Forex Today was a mixed bag with most G10 currencies trading on the back foot, despite broad-based US dollar weakness, as cautioned prevailed amid ris


USD/JPY fades spike above 111.00, treasury yield curve flattest since 2007

The USD/JPY pair failed to scale the long-term falling trend line, likely due to flattening of the Treasury yield curve. As of writing, the currency


AUD/JPY sees little movement after the RBA treads familiar ground

The AUD/JPY is trading roughly near 81.30, bouncing between 81.60 and 81.00 as the Aussie spins in place against the Yen. The Reserve Bank of Austral


EUR/JPY has once again baulked, awaiting next key risk events

EUR/JPY’s upside failed at the 50-D SMA where it has been capped by since the 13th May. EUR/JPY is responding to political developments and risk where


USD/JPY drops to mid-110s as Wall Street turns negative ahead of the closing bell

The USD/JPY pair touched its best level since late May at 111.12 earlier today but failed to preserve its bullish momentum as the greenback continued


Have a nice trading!

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