JPY News Reviews 

JPY Daily Review August 15, 2017

JPY Daily Review for August 15, 2017 Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 07 Aug 17, 1.1785): EUR to remain underpinned as long as above 1.1750.There is not much to add as we continue to expect EUR to stay underpinned as long as 1.1750 is intact. However, as highlighted yesterday, upward momentum is not strong and the month-to-date high near 1.1910 is unlikely to yield so easily. On a shorter-term   USD/JPY Price Analysis: Strong Bounce on YTD Low Zone, US Data Jumps As…

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JPY News Reviews 

JPY Daily Review August 14, 2017

JPY Daily Review for August 14, 2017 Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 07 Aug 17, 1.1785): EUR to remain underpinned as long as above 1.1750.As indicated last Friday (11 Aug), a move back above 1.1830 would indicate that the mild downward pressure has eased. However, the pace and extent of the rebound have been more robust than expected (high of 1.1846 last Friday) and from here, EUR is expecte   JPY: JPY-Crosses Vulnerable To Further Risk-Driven Reversal Than USD/JPY – Barclays Barclays Capital…

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JPY News Reviews 

JPY Daily Review August 13, 2017

JPY Daily Review for August 13, 2017 Japanese Yen Technical Analysis: Is the Rally Getting Overextended? The Japanese Yen remains in a firm uptrend against its major counterparts with no obvious sign yet of a reversal but relative strength studies are   Risk Aversion Envelopes the Yen as Geopolitical Risk Flares The Japanese Yen put in a move of strength as tensions increased between the U.S. and North Korea. But there are setups on both sides   AUD/JPY Testing Key Support as Risk Aversion Drives Yen Price is testing key…

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JPY News Reviews 

JPY Daily Review August 10, 2017

JPY Daily Review for August 10, 2017 SPX Fails Bullish and Bearish Breaks, USD and Yen Reversing? Sentiment and market positioning seem to be in a ‘pick your poison’ paradox. The backdrop for speculative appetite reads both as stretched and faulty, a   RBNZ surprises with less dovish tone, NZD lower this morning; CHF and JPY ease back after earlier gains RBNZ kept rates unchanged at 1.75%, and said it expected inflation to rise at a gradual pace. The Reserve bank of New Zealand also went on to say that…

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JPY News Reviews 

JPY Daily Review August 9, 2017

JPY Daily Review for August 9, 2017 Japanese Yen: Something Stirring? Ex BOJ Members Urge Policy Turn The Yen is a currency to watch after two former BOJ officials urged varying degrees of monetary normalization on a central bank officially committed to   Yen, Franc Gains May Evaporate as Quickly as They Appeared The Yen and Swiss Franc surged amid escalating tensions between the US and North Korea but the headline-driven move may evaporate as quickly as it   USD/JPY: Sits In Bullish Cloud, Stuck In Triangle; Levels To Watch…

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JPY News 

How to trade currencies amid rising North Korea tensions

“The Swiss franc, the U.S. dollar and even the euro might be the best options for investors trading currencies in the face of rising threats from North Korea, analysts told CNBC. “The CHF (Swiss franc) along with the JPY (Japanese Yen) are widely considered the usual safe-haven currencies” writes Silvia Amaro for cnbc.com. However, given geographical proximately I would expect the JPY to be most sensitive to issues regarding North Korea,” Jane Foley, head of forex strategy at Rabobank, told CNBC Wednesday.In fact, the Swiss franc rose 1 percent against…

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JPY News Reviews 

JPY Daily Review August 8, 2017

JPY Daily Review for August 8, 2017 Forex: Top FX Headlines: Strategy for AUD/JPY, NZD/JPY with Volatility Due Next 24-hours: 8/8/17 – The Japanese Yen’s resiliency continues, and it now appears that several significant JPY-crosses could breakdown in the coming days. – Chinese inflation da…   Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 07 Aug 17, 1.1785): Immediate bias is for a probe lower towards 1.1680.We just shifted to a neutral stance yesterday and there is no change to the view. EUR has likely made…

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JPY News Reviews 

JPY Daily Review August 7, 2017

JPY Daily Review for August 7, 2017 Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Shift from bullish to NEUTRAL: Immediate bias is for a probe lower towards 1.1680.The sharp decline in EUR took out the stop-loss for our bearish view at 1.1770 last Friday and this signals that the bullish phase that started on 19 Jul has ended. The immediate pressure has clearly shifted to the downside even though it is too early to expe   US Dollar Remains a Sell versus Japanese Yen Traders are further…

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