The U.S. dollar strengthened after the FOMC’s decision on interest rate.
The USD/JPY pair continued to rise in Wednesday session as the massive move up continues. The pair is in the middle of a trend change, and now we have the moving averages confirming this.
The USD/JPY pair fell at first on Tuesday, but managed to pop hard to the upside in the most recent example of a market that simply doesn’t want to fall for any significant amount of time.
The USD/JPY pair fell slightly during the session on Monday in otherwise light trading. The stock markets were quiet, as were the futures markets. The pair has recently moved up quite strongly, so a pause isn’t too...
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...
Market review for 5 – 9.03, 2012
The USD/JPY pair took off again on Friday as the Non-Farm Payroll numbers came in better than expected. The pair continues to attract inflows as the Bank of Japan continues to add to their bond buyback program,...
USDJPY remains in uptrend from 76.02 and the rise extends to as high as 82.64. The upward movement could be expected to continue in a couple of weeks and next target would be at 85.00 area. Support...
The USD/JPY pair rose a bit during the Thursday session as the Yen lost against most other major currencies. The recent break of the 80 level is a very strong signal, and as a result we are...
The USD/ JPY pair bounced nicely in a show of strength on Wednesday, after falling on Tuesday. The pair has recently been very bullish as the Bank of Japan announced an expansion of the bond buying program...