Capital Spending in Japan plunged to 2.2 percent in Q3 from the 3.7 percent forecast and the 7.7 percent reading in Q2. The fall of the nation’s Core CPIs for a sixth straight month in the year...
USDJPY stays above a upward trend line on daily chart, and remains in uptrend from 77.14, the fall from 82.83 is treated as consolidation of the uptrend. Initial support is at 81.65, as long as this level...
The USD/JPY pair had a strong showing on Friday, but did pullback from the 82.50 level. Right now though, it must be said that with the Wednesday hammer, it does look like we’re going higher.
The USD/JPY pair did very little during the session on Thursday as the markets go back and forth between trying to figure out whether or not the main players in Congress are close to a fiscal deal...
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.18 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
The USD/JPY pair fell during much of the session on Wednesday, but found the 82 level supportive by the end of the session, and formed a hammer. This hammer suggests that we are going to continue higher...
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.30 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
The USD/JPY pair gained again during the session on Tuesday, but gave up about half of what it accomplished. This pair still looks positive in our eyes, and we think that a further weakening of this pair...
The USD/JPY pair fell during the session on Monday, as traders took profits. The market has been a short nearly stronger the last couple of sessions, and as such a rest or even a pullback really wouldn’t...
More expansionary wording of the bank’s price outlook released at its Oct. 30 meeting was voted by two new members of the Bank of Japan’s nine-member Policy Board.
