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Japan’s core inflation rises in June USD/JPY jumps over 1% The US dollar continues to rally as the Japanese yen is down for a fourth straight day. In Friday’s European session, USD/JPY is...
The USDJPY bounce stalled at the 38% retracement today at 140.25 which could be the top of the bear flag pattern. Also, the 50dma is also near the highs today as well. A move back below 139.00 would...
Currently, the USD/JPY pair is at 139.83 and appears to be starting its third wave. The MACD is indicating an upward trend. If resistance is broken, then it is possible that we will see a continuation...
US employment claims expected to rise Japan’s core inflation projected to tick higher BoJ’s Ueda says no plans to tighten policy The Japanese yen is trading quietly on Thursday. In the...
Bearish: USD/JPY is currently at 138.60 in a channel. We are looking for a continuation to the ATR aim at 137.53 with the overall target the 0.618 Fibo at 137.12. Watch the USDX for direction....
Overview: The greenback remains under pressure. The USD/JPY short squeeze continues, and strong wage growth has helped lift sterling to new highs since last April. Among the G10 currencies, only the...
Some mixed jobs reported last week from the US made an interesting turn for the USD. As you know the ADP data was very strong, but then on Friday we got a miss for NFP, so USD finished the week...
Japanese wage growth rises, household spending declines US nonfarm payrolls expected to fall USD/JPY is sharply lower The Japanese yen climbed sharply on Friday. In the European session, USD/JPY is...
Overview: A powerful short squeeze has lifted the USD/JPY by the most in two months this week. The dollar's push today below JPY143 was encouraged by the stronger-than-expected wage growth. The...
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