JPY News Reviews 

JPY Daily Review November 7, 2019

JPY Daily Review for November 7, 2019

Japanese Yen May Rise as the US Dollar Reversal Speeds Up in Asia

The US Dollar and Japanese Yen may rise during Asia trade as fading Fed rate cut bets offer a contrasting narrative to US-China trade deal hopes. The Australian Dollar is vulnerable.


USD/JPY reverts to 109.00 despite dismal Japanese service sector data

USD/JPY is feeling the pull of gravity, despite the weak Japanese macro data. The currency pair is currently trading at 109.04, having hit a low of 10


AUD/JPY shrugs off BOJ Minutes, Japan data as US-China trade optimism fades

With the concerns surrounding initial trade agreement between the US and China, AUD/JPY ignores signals from BOJ minutes and Japan data.


JPY Futures: room for further downside

Open interest in JPY futures markets rose for the second straight session on Tuesday, this time by nearly 13.8K contracts according to advanced data f


USD/JPY slips below 109.00 handle, fresh daily lows

The USD/JPY pair edged lower through the Asian session on Wednesday and has now slipped below the 109.00 handle, eroding a part of the overnight stron


EUR/JPY: Risk aversion in the spotlight ahead of EU/German data

Given the latest risk-off concerning the US-China trade relations, not to forget downbeat Japanese data and dovish BOJ minutes, the EUR/JPY pair stays downbeat.


EUR/JPY trades within a tight range below 121.00

Alternating trends in both the single currency and the Japanese yen are motivating EUR/JPY to keep the sideline trade below the 121.00 handle for the


GBP/JPY sidelined near mid-140.00s, focus on UK politics

The GBP/JPY cross failed to capitalize on the previous session’s positive move and remained on the defensive through the mid-European session on Wedne


USD/JPY steadies near 109 following two-day rally

The USD/JPY pair gained nearly 100 pips in the first two days of the week and reached a fresh five-day high of 109.25 but struggled to preserve its bu


GBP/JPY hits fresh lows under 140.00, holds bearish tone

The GBP/JPY pair broke below 140.25 and tumbled to 139.86, hitting a fresh daily low. As of writing trades at 139.94, slightly above the weekly low an


EUR/JPY technical analysis: Euro trading at weekly lows against Yen near 120.55 level

EUR/JPY is trading in a downtrend below the 200-day simple moving average (DMA). However, in last month the spot had a bull run to the 121.00 handle where the


USD/JPY slumps below 109 on fresh US-China trade worries

After spending the majority of the day moving sideways near the 109 handle, the USD/JPY pair came under strong bearish pressure in the last hour as th


USD/JPY technical analysis: The Greenback might be heading towards the 110.00 handle

USD/JPY is challenging the 109.00 handle and the 200-day simple moving average (SMA) on the daily chart. In both September and October, the market has been con


USD/JPY and AUD/USD Forecast November 7, 2019

For additional up-to-date Forex Trading information: News (, Technical Analysis (…


AUD/JPY technical analysis: Rising wedge, 50-bar SMA stop sellers above 74.80/75

Despite witnessing a pullback from the highest since July 26, AUD/JPY still stays above the key support confluence while taking rounds to 75.00.


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