Tag: USDJPY

The USD/JPY pair fell during the Friday session to pierce the 79 handle. This level has been supportive in the past, and Friday’s action was no different. The area has been supportive over the last couple of...

The USD/JPY pair fell during the Thursday session as the tone was pretty soft for risk-based assets around the world. As this pair will follow the risk appetite in general, it’s not a surprise that it fell.

The USD/JPY pair initially fell during the Wednesday session, but got a boost after the Federal Reserve minutes revealed that there were no serious discussions about quantitative easing. As this could be the case, it makes sense...

The USD/JPY pair fell for most of the session on Tuesday as the 79 level has held and been proven to be supportive yet again. The pair is currently being propped up by the Bank of Japan,...

To the chagrin of the Bank of Japan, who would prefer to have a lower yen, and the many Japanese exporters harmed by the elevated yen, the turmoil in Europe continues sending haven buyers to seek the...

The USD/JPY pair managed to gain slightly during the Monday session, in otherwise tight trading ranges in financial markets around the world. With the poor jobs number last Friday, there was a lot of “risk off” trading...