#USDJPY



Barclays Research discusses USD/JPY outlook and notes that market positioning suggests further downside risks to USD/JPY."Speculative short JPY positions are still large, according to CFTC data, and retail Japanese investors trading margin FX have bought into the USDJPY decline since early January in their typical contrarian...
Talking Points:Trading volume is going to remain low. The recent selloff was clearly an opportunity. The dollar index is still not showing any clear sign of robustness.European markets are picking up a bullish sign from Asian trading session although some of the countries...
BTMU Research discusses USD/JPY outlook and maintains a bearish bias on the pair in the near-term, seeing 108.50 capping any upside. "Near-term, Japanese JPY selling to generate enough cash for overseas investing may support the lower bound of USDJPY. But once USDJPY drops below the 105 level,...
Danske Bank Research discusses the USD outlook in light of its price action post yesterday's stronger-than-expected US CPI and thinks that is testament to negative bias on USD in the market with the outlook for significant widening of the US public deficit."The downwards pressure on USD is...
BTNU Research discusses USD/JPY outlook as the JPY out-performance continues making the currency the best performing G10 currency on a year-to-date basis."So there is certainly a yen specific story here and the shift in risk tolerance and the increased appetite for hedging risk asset exposure...
Deutsche Bank Research discusses USD/JPY amid its recent decline and notes that1- While Japanese pension funds, life insurers and other institutional investors have thus far bought on dips from around 110 and below, their buying has been far from aggressive this time.2- Overseas speculators...
Here are the latest developments in global markets:FOREX: The dollar index fell 0.4% on Thursday, extending the significant losses it posted on Wednesday in the aftermath of the US CPI and retail sales data.STOCKS: US markets finished the day notably higher yesterday, erasing earlier losses, despite the stronger-than-anticipated US...
Was it the mixed data, skewed positioning or merely a lack of confidence that has the USD dollar precariously perched at the edge of the cliff.Everyone one to a tee went all in on a dollar buying frenzy after the CPI number, but the...
Talking Points:German GDP and CPI data matches estimates. Investors await US CPI data and its reaction. Yen blast past 107. FTSE Futures +34.European markets and US futures are trading higher as traders get a boost from German growth. The solid german growth confirmation...
The Japanese currency strengthened across the board on Tuesday as the blue-chip stocks of the Nikkei 225, the headline measure on the Tokyo Stock Exchange, slumped in the second half of the trading session. The weakening also coincided with a decline of stock futures...
Bank of America Merrill Lynch Research discusses USD/JPY outlook and argues that it's unlikely that the pair will see a similar aggressive sell-off on a rush to JPY hedging as it did in its steep sell off into 111 around two years ago."There are a few key differences, however,...
US stocks toppled again on Wednesday in choppy and messy fashion after a dispirited US Treasury auction revived concerns about a hawkish Fed, unnerving investors already spooked after the rapid climb in US Treasuries apparently ignited a jump in the Cboe Volatility index.A deplorable...
European stocks are headed sharply lower start thanks to the weak lead given to them by Wall Street. The FTSE 100 is set to open just above its December lows. The next day after an unusually big sell-off is always a big test of...
Here are the latest developments in global markets:FOREX: The dollar index traded marginally higher on Monday, recouping some of the losses it posted on Friday. Meanwhile, the yen remained relatively elevated after shooting up on Friday, following some remarks from BoJ Governor Kuroda.STOCKS: Asian markets were mixed. In Japan,...
An extremely active twenty-four hours in all asset markets in what was expected to be an extremely busy and no less noisy week for currency traders.Currency markets were extremely active with traders primarily looking for opportunities to sell  dollars. Not only is the big...
Here are the latest developments in global markets:FOREX: The US dollar index traded slightly higher on Tuesday, in the aftermath of Congress voting for a temporary funding bill, thereby ending the US government’s partial shutdown.STOCKS: Equities were in the green across the board. Japanese markets skyrocketed, with...
Headline nonsenseThe advent of headline reading robots is changing the marketplace and likely causing capital market traders to react first and check later (fact-finding) for fear of missing out. So with the volumes of spurious headlines over the last 24-48 hours, the challenges now...
Here are the latest developments in global markets:FOREX: The US dollar index traded slightly higher during the Asian trading session Thursday, after experiencing heightened volatility on Wednesday. The index initially took a dive on reports that China is considering to slow or cut its US bond...
The U.S. dollar skidded further to a six-week low against the Japanese yen on Wednesday after the Bank of Japan’s move to trim its government bond (JGB) purchases in the previous session stoked speculation it would ease its massive monetary stimulus.The dollar slipped as...
The Japanese yen continued to recover during the Asian trading session Wednesday. Dollar/yen fell more than 0.7%, last trading near the 111.90 territory, with the next major support zone being near 111.70. Even though there was no clear fundamental catalyst behind the move, the...
The yen reached a five-day high on Tuesday, after the Bank of Japan trimmed its purchases of long-dated government bonds in market operations, stoking speculation the central bank could start to wind down its huge stimulus policy this year.Since it adopted its yield-curve-control policy...
TD FX Strategy Research discusses the USD outlook and makes the case for staying firmly in the USD bear camp at the start the year."This view continues to rest on the links between global reflation, the closure of output gaps outside the US and the ongoing...
Here are the latest developments in global markets:FOREX: The dollar traded slightly higher versus a basket of currencies after yesterday reaching its lowest since late September. The euro retreated a bit versus the dollar after trading around three-year high levels on Tuesday.STOCKS: Hong Kong’s Hang Seng...
Governor Haruhiko Kuroda stressed the need to “patiently” maintain ultra-loose policy, with inflation still distant from the BOJ’s 2 percent target despite a strengthening economy.Kuroda also rebuffed the criticism that prolonged easing could destabilise Japan’s banking system, saying he saw no problem emerging in...
Here are the latest developments in global markets:FOREX: The dollar edged slightly higher versus a basket of currencies but was still trading not far above a two-week low hit yesterday. The US currency continued gaining versus the yen, being supported by rising Treasury yields.STOCKS: The Nikkei...
USD/JPY has recorded slight gains in the Wednesday session, continuing the upward movement seen on Tuesday. In North American trade, USD/JPY is trading at 113.19, up 0.25% on the day. On the release front, Japanese All Industries Activity rebounded with a gain of 0.3%, its...
USD regained some steam heading into the weekend as did US equity markets as  Tax reform finality is in sight.G10 dealers are expected to ease into Christmas and New Year break. So expect low liquidity, and year-end flows will begin to factor into the...
The risk sentiment is mixed with the flow of news across the globe. German coalition talks failed, UK could offer to pay a higher divorce bill before the end of the year. There is no progress in US tax reforms. US treasuries gained, yields...
NAB FX Strategy Research discusses USD/JPY outlook and remains cautiously optimistic retaining its view for USD/JPY to end the year closer to 116, but thinks the near term outlook remains somewhat challenging."Technicals are currently bearish, with a series of lower highs recorded last week and several...
Forex markets were relatively quiet on Monday as economic releases were limited. However, political challenges in the UK during the weekend, pressured the pound, while the dollar managed to gain ground as investors were widely expecting a third Fed rate hike despite continuing uncertainties...

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