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JPY Daily Review July 4, 2018

JPY Daily Review for July 4, 2018

USD/JPY on the rebound, but the 110.50 level remains elusive

The USD/JPY is bouncing at the tail end of Wednesday’s Asian session, and the US Dollar is rebounding into 110.45 after dipping to a low of 110.27. T

 

AUD/JPY jumps 40 pips on upbeat Aussie retail sales

The bid tone around the Aussie dollar strengthened on Wednesday, pushing the AUD/JPY to a high of 81.97 after Australia reported a better-than-expecte

 

GBP/JPY heading towards 145.50 as risk appetite hesitates

The GBP/JPY is edging lower in Asia trading, testing below 145.70. The UK’s BRC Shop Price Index for June came in at -0.5%, encouraging the Sterling

 

USD/JPY remains on track to test 111.39 recent high – Commerzbank

In the view of Karen Jones, Analyst at Commerzbank, despite the latest leg down, the USD/JPY pair is set to test the recent high near 111.40 levels.

 

USD/JPY: Net-Long Positions Trend Below 50% Prompting Bullish Signal

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading

 

GBP/JPY rises back above 146.00, holds bullish tone

On a quiet day, the pound rose across the board supported by UK PMI Service sector data that showed better-than-expected numbers. More upbeat data inc

 

USD/JPY: ticking lower on ECB headlines, although mostly quiet on U.S. 4th July holidays

USD/JPY is quiet during the North American holiday session, having entered the shift flat at 110.50, continuing the bullish reversal towards 110.60. H

 

USD/JPY and NZD/USD Forecast July 5, 2018

The US dollar has pulled back a bit during the trading session on Wednesday, as American traders were away for Independence Day. I believe that a bounce in t…

 

Have a nice trading!




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