Archive for Japanese Yen

AUD/JPY Weekly outlook 12 March – 16 March

AUD/JPY Weekly outlook – 12 March – 16 March The Aussie closed last week slightly lower against the Yen, with the price once again, being unable to break, hold and close above 88.00. The Yen’s weakness was again seen with the pair quickly reversing losses experienced early in the week. For the second week in [...]

EUR/JPY Weekly outlook 12 March – 16 March

EUR/JPY Weekly outlook – 12 March – 16 March Despite an initial fall for the pair early in the last trading week, the Yen’s weakness was once again confirmed with the latter part of the week seeing the bull’s taking control of the market pushing the pair higher. The weekly chart’s candle closed as a [...]

EUR/JPY Daily Outlook – 06 March

EUR/JPY Daily outlook – 06 March Monday saw an initial fall for the Euro against the Yen, with the pair once again testing the important technical and psychological level at 107.00. Early losses were later clawed back as the bulls pushed the pair higher, closing the day slightly lower than it opened. Yesterday’s price action [...]

Kotecha Says Yen May Fall to 85 Versus Dollar This Year

Feb. 15 (Bloomberg) — Mitul Kotecha, Credit Agricole’s Hong Kong-based head of global currency strategy, talks about the yen. Kotecha also discusses Europe’s sovereign debt crisis and its implications for the euro and China’s yuan. He speaks with Susan Li, Rishaad Salamat, Mia Saini, and David Ingles on Bloomberg Television’s “Asia Edge.” (Source: Bloomberg)

CHF/JPY Daily outlook – 14 Feb

Monday saw the Swiss Franc losing strength against the Yen with the pair closing the day at 84.59. Price action on the lower timeframes didn’t provide any trading opportunities throughout the day; however, the daily candle closing as a bearish pin bar suggests further losses could be expected. The bearish pin bar is further strengthened [...]

Currency Futures: Forex Speculators cut Dollar Long Positions as Canadian Loonie positions turn long while Kiwi surges

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators decreased their US dollar long positions last week and Euro short positions improved for the second straight week off their record low level. Non-commercial futures traders, usually hedge funds and large [...]

Currency Futures: Forex Speculators cut US Dollar bets. Aussie, Kiwi & Peso positions continue rise

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators cut back on their US dollar long positions last week and Euro short positions improved for the first time in six weeks from their record low level. Non-commercial futures traders, usually [...]

Currency Futures: Forex Speculators raise Euro bearish bets. Aussie, Kiwi & Mexican Peso bets rise

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators continued to pile into bets against the European common currency for a fifth consecutive week. Non-commercial futures traders, usually hedge funds and large speculators, added to their short positions for the [...]

Forex Interview: John Kicklighter of DailyFx shares his views on the Euro, USD, Yen and latest Currency Trends

By Zac Storella, CountingPips.com Today, I am pleased to share our latest forex interview on the latest major forex events and currency trends with John Kicklighter, Senior Currency Strategist at DailyFx.com. John specializes in fundamental analysis and overall market themes and has trading experience in spot currency, financial futures, commodities, stocks, and options. In his [...]

Currency Futures: Forex Speculators bets for US Dollar edge higher. Euro, Pound Sterling dip

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators continued to increase their Euro and British pound sterling short bets for a fourth consecutive week while long US dollar bets overall edged higher. Non-commercial futures traders, usually hedge funds and [...]

Currencies: Forex Futures Speculators raise Dollar, Yen, Aussie bets as Euro sinks lower

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators raised their overall long bets for the US dollar last week against the other major currencies while Euro short positions continued to increase and rose to a new record level for a [...]

Currencies: Forex Futures Speculators sharply increased Japanese Yen longs. Euro sentiment at new low

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators decreased their overall long bets for the US dollar last week against the other major currencies despite Euro short positions rising to a new record level. Non-commercial futures traders, usually hedge [...]

EUR Tumbles Ahead of Non-Farm Data

Source: ForexYard The euro saw heavy bearish movement throughout the day yesterday despite positive US data which typically helps the currency. Euro-zone debt worries continue to send investors away from riskier assets. Whether today’s US Non-Farm Payrolls can give the euro a boost to close out the week is still unknown. Economic News USD – [...]

Riskier Assets Turn Bullish Following Positive British Data

Riskier currencies like the euro and UK pound turned bullish yesterday, following the release of the British manufacturing PMI in morning trading. Meanwhile, the price of crude oil is steadily rising as tensions between the US and Iran continues to generate supply side fears.

Forex CT 3-1-12 Video News Update & Outlook

Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers the MetaTrader4 and PROfit Platform to retail traders. Other services include Segregated Accounts, Trading workshops, Tutorials, and Commodities trading.

EUR/JPY Hits 10-Year Low to start off the New Year

Source: ForexYard Concerns over the euro-zone debt crisis pushed the common currency to new lows yesterday during the first trading day of 2012. The EUR/JPY fell as low as 98.71, a 10-year low for the pair. Today, traders will want to pay attention to several leading indicators which are likely to inject some volatility into [...]

Currencies: Forex Futures Speculators push Euro shorts to new record level

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators added to their overall long bets for the US dollar last week against the other major currencies while Euro short positions rose and ascended to a new record level as sentiment [...]

2012 Preview (Continued) – Examining the Major Issues

Source: ForexYard As we approach New Years we’ll attempt to address the major issues for 2012. Economic News CAD – Loose BoC Monetary Policy to Weigh on CAD A worsening global economic background does not bode well for the CAD. Economists have begun to downgrade their 2012 Canadian outlook and GDP forecasts as the gloom [...]