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JPY Daily Review June 16, 2019

JPY Daily Review for June 16, 2019

AUD/JPY: Bears concentrate on geopolitics ahead of China data

Not only risk concerning the US-Iran war but likely trade tussle between the US and China also drags the AUD/JPY pair down to the fresh low since early January.


USD/JPY stays calm near 108.20 ahead of US retail sales data

The USD/JPY pair is having a tough time setting its next short-term direction on Friday as the risk-off flows allow the safe-haven JPY to stay resilie


GBP/JPY drops to 1-1/2 week low, below 137.00 mark ahead of Carney

The GBP/JPY cross tumbled below the 137.00 handle to hit 1-1/2 week lows in the last hour, albeit managed to recover few pips thereafter. The cross ex


Pound Weekly Technical Outlook in GBP/USD, GBP/JPY, GBP/AUD

GBPUSD pushed back down towards May lows as GBPJPY built-in a bearish engulfing pattern. But brighter days may be ahead in GBPAUD after a morning star formation.


FX Price Action Setups in EUR/USD, USD/CAD, AUD/USD and USD/JPY

The US Dollar rallied this week after finding support at a confluent spot on the chart, but next week brings the Fed – will USD bulls be able to hold on?


Top 5 Events: May Canada Inflation Report & CADJPY Price Forecast

The May Canada inflation report (consumer price index) is due on Wednesday, June 19 at 12:30 GMT.


USD/JPY climbs to mid-108s as 10-year US T-bond yield erases losses

Today’s upbeat macroeconomic data releases from the United States provided a boost to the greenback and allowed the USD/JPY pair to advance to a sessi


USD/JPY and AUD/USD Forecast June 17, 2019

The US dollar initially pulled back during the trading session on Friday as we have seen over the last three days, but also as we have seen over the past thr…


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