posted by
GAINSY
12 days ago
in USD, JPY, Technical
As the greenback has risen again after brief pullback to the Tenkan-Sen, suggesting recent upmove is still in progress and further gain to 102.00-10 would be seen, however, near term overbought condition should prevent sharp move beyond 102.40-50
posted by
edzy
13 days ago
in JPY
USD/JPY surged to a 4-year high as the BOJ's aggressive easing measures continue to undercut the yen. Closes: Dollar index +0.897 (+1.10%), EUR/USD -0.01105 (-0.84%), USD/JPY +1.584 (+1.60%). June WTI crude oil (CLM13 -1.13%) this morning is ...
posted by
GAINSY
13 days ago
in USD, JPY, Fundamental
For the 24 hours to 23:00 GMT, the USD strengthened 1.97% against the JPY and closed at 100.83, supported by a favorable jobless claims report. The Yen traded lower yesterday, breaking through the significant ‘100’ mark, as the Bank of Japan’s (B
posted by
GAINSY
13 days ago
in USD, JPY, Fundamental
Last night was all about the US dollar as the break of 100 against the Yen was a catalyst for a turn in stocks and the Euro and Aussie getting absolutely hammered. What drove the move which came after lunch New York time is difficult to know and
posted by
PipChecker
13 days ago
in EUR, JPY
The Japanese yen was already looking vulnerable after the USD/JPY broke above 100 overnight. Now, these changing flow dynamics are likely to help keep the upswing alive. According to Research Analyst Gareth Berry at UBS, ...
posted by
GAINSY
13 days ago
in USD, JPY, Technical
Yen was sold off broadly and weakness carried on to Asian session. USD/JPY finally broke through 100 psychological level for the first time in 4 hours while EUR/JPY also took out recent resistance at 131.72. Data from Japan saw investors bought a
posted by
GAINSY
13 days ago
in USD, JPY, Technical
The greenback has rallied after breaking previous resistance at 99.46 and 99.95 after comments from Fed officia on calling back QE3 next month, suggesting medium term uptrend has resumed and futher gain to 101.50-60 and possibly 101.80 would be s
posted by
milkyway
13 days ago
in USD, JPY, GBP, AUD, NZD, Economic Indicators
Big 4 need NZ$500m more capital. Reserve Bank's move to make the big four banks hold more capital against housing loans adds up to NZ$125 mln on average. ..... The ONS said this data will have little bearing on Q1 GDP. *China April CPI exceeds ...
posted by
GAINSY
13 days ago
in USD, JPY, Technical
As the greenback has rebounded after holding above yesterday's low of 98.58, suggesting pullback from 99.46 (this week's high) has ended there and test of this level would be seen, break there would extend the rise from 96.99 to resistance at 99.
posted by
GAINSY
13 days ago
in EUR, JPY, Technical
Despite yesterday's brief rise to 130.43, lack of follow through buying and the subsequent retreat suggest consolidation would be seen and pulllback to 129.20-30 and possibly support at 128.99 (yesterday's low) cannot be ruled out, however, recko
posted by
Lacy
13 days ago
in EUR, JPY
But since Eurozone members cannot devalue, they are left with deflation and depression. Then they blame others for not lending to them and forcing austerity upon them, when the primary culprit is their own inability to deal with their trade flows and ...
posted by
MMarquit
13 days ago
in JPY
Japanese yen is mostly weaker today, dropping as the prospects of long-term weakness weigh on the Asian currency. With a plan in place to boost the monetary base, and with no one in the G-20 trying to rein in Japan, it looks as there is a clear f