US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

The US Dollar and the Japanese Yen may extend Asian-session losses into European trade as risk appetite remains well-supported, weighing on the safety-linked currencies against the spectrum of their major counterparts.

Read the original post:
US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

This is from DailyFX -:

The US Dollar and the Japanese Yen may extend Asian-session losses into European trade as risk appetite remains well-supported, weighing on the safety-linked currencies against the spectrum of their major counterparts.

Read the rest of the post here:
US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

Here is a good article from

More here: US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

USD/JPY: Remain Long as Prices Threaten Stop-Loss

Read more from the original source:
USD/JPY: Remain Long as Prices Threaten Stop-Loss

Here’s an interesting a:1:{i:0;s:8:”TVRreQ==”;} post from DailyFX -:

Read the rest of the post here:
USD/JPY: Remain Long as Prices Threaten Stop-Loss

Here is a new post from

Continue here: USD/JPY: Remain Long as Prices Threaten Stop-Loss

CAD/JPY Range Waits On Risk Aversion

Upside potential remains for the CAD/JPY with a possible test of Fibonacci resistance, which is why the strategy is looking to take advantage of a potential retracement. The current bullish trend for the pair has been driven by continued demand for risky assets.

View original post here:
CAD/JPY Range Waits On Risk Aversion

This is from DailyFX:

Upside potential remains for the CAD/JPY with a possible test of Fibonacci resistance, which is why the strategy is looking to take advantage of a potential retracement. The current bullish trend for the pair has been driven by continued demand for risky assets.

More:
CAD/JPY Range Waits On Risk Aversion

Here is a good article from

Continue here: CAD/JPY Range Waits On Risk Aversion

New Zealand Dollar Outperforms Ahead of RBNZ Rate Decision, Japanese Yen Pares Two-Day Rally

The New Zealand dollar extended the rally from earlier this week and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board and retraced the two-day rally against the U.S. dollar.

See more here:
New Zealand Dollar Outperforms Ahead of RBNZ Rate Decision, Japanese Yen Pares Two-Day Rally

From DailyFX:

The New Zealand dollar extended the rally from earlier this week and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board and retraced the two-day rally against the U.S. dollar.

More:
New Zealand Dollar Outperforms Ahead of RBNZ Rate Decision, Japanese Yen Pares Two-Day Rally

Here is a new article from

Continue here: New Zealand Dollar Outperforms Ahead of RBNZ Rate Decision, Japanese Yen Pares Two-Day Rally

New Zealand Dollar Extends Friday’s Rally, Japanese Yen Weighed by Risk Appetite

The New Zealand dollar rallied for the second-day to reach a high of 0.7036 against the greenback, while the Japanese Yen weakened against most of its major counterparts as investors increased their appetite for risk.

More:
New Zealand Dollar Extends Friday’s Rally, Japanese Yen Weighed by Risk Appetite

From DailyFX:

The New Zealand dollar rallied for the second-day to reach a high of 0.7036 against the greenback, while the Japanese Yen weakened against most of its major counterparts as investors increased their appetite for risk.

Read more:
New Zealand Dollar Extends Friday’s Rally, Japanese Yen Weighed by Risk Appetite

Here is a good post from

Continue here: New Zealand Dollar Extends Friday’s Rally, Japanese Yen Weighed by Risk Appetite

Japanese Yen at Risk On Risk Appetite and Expected Monetary Easing

Japanese Yen at Risk On Risk Appetite and Expected Monetary Easing    Fundamental Forecast for Japanese Yen: Bearish   – Jobless rate fell to 4.9% from 5.1% – Capital spending in the 4Q declined 17.3%, bettering expectations of -18.4% – Yen plunges most since early December   After seeing steady gains throughout the week, the Yen was battered following a better than expected U.S. Non-farm payroll report. USD/JPY soared over 200 pips to erase of all of the week’s losses for the pair which had diverged from rising equity markets prior to the move. Troubles in Greece had generated support for the Asian currency as traders sold off risky assets in Europe as fears grew that a solution wouldn’t be reached to cure the country’s deficit issues. A new drastic plan of austerity helped give markets enough confidence for the troubled nation to put together a successful bond sale. The ability to address their deficit issue through issuing debt set the stage for the sharp yen reversal as markets waited for the labor report before taking any significant new positions. Yen crosses caught up with climbing stock markets to re-establish the strong correlation between them. 

View original here:
Japanese Yen at Risk On Risk Appetite and Expected Monetary Easing

Here’s an interesting a:1:{i:0;s:8:”TVRreQ==”;} post from DailyFX:

Japanese Yen at Risk On Risk Appetite and Expected Monetary Easing    Fundamental Forecast for Japanese Yen: Bearish   – Jobless rate fell to 4.9% from 5.1% – Capital spending in the 4Q declined 17.3%, bettering expectations of -18.4% – Yen plunges most since early December   After seeing steady gains throughout the week, the Yen was battered following a better than expected U.S. Non-farm payroll report. USD/JPY soared over 200 pips to erase of all of the week’s losses for the pair which had diverged from rising equity markets prior to the move. Troubles in Greece had generated support for the Asian currency as traders sold off risky assets in Europe as fears grew that a solution wouldn’t be reached to cure the country’s deficit issues. A new drastic plan of austerity helped give markets enough confidence for the troubled nation to put together a successful bond sale. The ability to address their deficit issue through issuing debt set the stage for the sharp yen reversal as markets waited for the labor report before taking any significant new positions. Yen crosses caught up with climbing stock markets to re-establish the strong correlation between them. 

Read the rest here:
Japanese Yen at Risk On Risk Appetite and Expected Monetary Easing

Here is a good post from

Continue here: Japanese Yen at Risk On Risk Appetite and Expected Monetary Easing

USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

The USD/JPY broke out today as yen crosses have come under pressure as risk assets fund support on the back of a Greek plan to cut its deficit and an improvement in US initial jobless claims. A dour U.S. pending home sales report has slowed the advance and may be the beginning of a period of consolidation. The upcoming Non-Farm payroll report is major event risk which could lead to a quieting of the pair’s price action, as it has been the most sensitive to U.S. fundamental data.    

View post:
USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

Here’s an interesting a:1:{i:0;s:8:”TVRreQ==”;} post from DailyFX:

The USD/JPY broke out today as yen crosses have come under pressure as risk assets fund support on the back of a Greek plan to cut its deficit and an improvement in US initial jobless claims. A dour U.S. pending home sales report has slowed the advance and may be the beginning of a period of consolidation. The upcoming Non-Farm payroll report is major event risk which could lead to a quieting of the pair’s price action, as it has been the most sensitive to U.S. fundamental data.    

More:
USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

Here is an interesting post from

Continue here: USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

Yen’s Divergence with Risk Appetite Could Present Opportunity for Traders

The Yen continues to find support despite a slight rebound in equity markets and the fact that the two have a 65% correlation. I took a shorter term perspective to show the split in price action which could be an opportunity as we can see that the USD/JPY and the Dow had been in lock step during the month prior to the divergence.

Original post:
Yen’s Divergence with Risk Appetite Could Present Opportunity for Traders

Here’s an interesting a:1:{i:0;s:8:”TVRreQ==”;} post from DailyFX:

The Yen continues to find support despite a slight rebound in equity markets and the fact that the two have a 65% correlation. I took a shorter term perspective to show the split in price action which could be an opportunity as we can see that the USD/JPY and the Dow had been in lock step during the month prior to the divergence.

Read the rest of the post here:
Yen’s Divergence with Risk Appetite Could Present Opportunity for Traders

Here is a good article from

Continue here: Yen’s Divergence with Risk Appetite Could Present Opportunity for Traders

AUD/JPY Range Passes Eye Test

The RBA raised rates for a fourth time at a time when other central bank’s remain at record lows, making the Australian dollar the undisputed high yielder. Paired with the yen-which is becoming the funding currency of choice- makes this the clear carry trade pair. Therefore, risk trends will have considerable sway over price action and must be taken into consideration when trading the AUD/JPY.

Original post:
AUD/JPY Range Passes Eye Test

Here’s an interesting a:1:{i:0;s:8:”TVRreQ==”;} post from DailyFX:

The RBA raised rates for a fourth time at a time when other central bank’s remain at record lows, making the Australian dollar the undisputed high yielder. Paired with the yen-which is becoming the funding currency of choice- makes this the clear carry trade pair. Therefore, risk trends will have considerable sway over price action and must be taken into consideration when trading the AUD/JPY.

Read more:
AUD/JPY Range Passes Eye Test

Here is an interesting article from

More here: AUD/JPY Range Passes Eye Test

USD/JPY’s Test Of Major Support Could Present Scalping Opportunity

 The USD/JPY has been under pressure on the day as Greece’s credit rating is at risk again of another downgrade. If this were the case then Greek government bonds would no longer be eligible as collateral at the European Central Bank, making it more difficult for the nation to borrow. In the current environment it is challenging to execute a scalping strategy; therefore we will try and anticipate the development of an ideal situation. Dollar/yen is threatening a major support level which could slow its bearish momentum leading to a period of consolidation creating an opportunity for a high frequency strategy.

Here is the original:
USD/JPY’s Test Of Major Support Could Present Scalping Opportunity

From DailyFX:

 The USD/JPY has been under pressure on the day as Greece’s credit rating is at risk again of another downgrade. If this were the case then Greek government bonds would no longer be eligible as collateral at the European Central Bank, making it more difficult for the nation to borrow. In the current environment it is challenging to execute a scalping strategy; therefore we will try and anticipate the development of an ideal situation. Dollar/yen is threatening a major support level which could slow its bearish momentum leading to a period of consolidation creating an opportunity for a high frequency strategy.

Read the rest here:
USD/JPY’s Test Of Major Support Could Present Scalping Opportunity

Here is a good post from

Continue here: USD/JPY’s Test Of Major Support Could Present Scalping Opportunity

Next Page »