One way to increase confidence in the long USD/JPY position would be to look towards confirmation in the main Japanese stock index, the Nikkei 225. Historically, the Nikkei 225 performs best when the Japanese Yen is weakening. The …
Mubasher: Japan-based, Nintendo Co. on Monday said its net profits rose to JPY 30.2 billion in the third quarter of 2017, against analysts’ expectations of JPY 15.8 billion. The firm’s operating profits reached JPY 23.7 billion in Q3-17, …
Evidence of long USD/JPY exposure being added post Fed…. In Liquid Cross Border Flows, 17 June 2013 BAML highlighted that continued reduction of hedge fund long positioning would be necessary to extend the correction in …
Obtain Them HERE Talking Points: Introduction: Last week was a good week for the Australian Dollar vs the Japanese Yen as AUD/JPY advanced 2.22%. However, Trading seems to have turned around and now, this week the Japanese Yen …
Unfamiliar with Gann Square Root Relationships? Learn more about them HERE. USD/JPY looks to be at an interesting technical juncture. After punching through 122.00 to record its highest level in 7 years earlier in the month the exchange …
JPY strength, alongside EUR strength, has become the lead story after the Federal Reserve’s Dovish Hike in mid-March. On Wednesday, the Japanese Yen surged to the highest level (which took USD/JPY lower) of 2017, and it’s uncertain …