After hitting a low of 81.08 last February 4, the USDJPY pair has rallied back to mark a high of 83.97 2 days after Valentine’s day. It...
Is USD/JPY’s Rally Over?
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EURJPY: ranges getting tighter
It seems that the EURJPY range has been shriking over the course of this week, with Yen crosses taking a back seat to straight USD positioning. Its been unable to crack above yesterday’s high of 138.05. Buyers are seen at 137.00-20 with stops below. Sellers 138.00-10 then 138.30. It needs to...
AUD/JPY intraday seasonality overview, 2003-2010
This report continues a new series of reports about intra-day "seasonality" effects in FX. Like in EUR/USD, the hourly movements in AUD/JPY do not precisely average to zero for every hour of the day. Moreover, there appears to be a statistically preferred time to bet on a trend reversal in AUD/JPY....
Japanese FinMin says USD to remain reserve currency
Japanese Finance Minister Yosano is on the newswires reiterating his opinion that the USD will remain the world’s reserve...
AUDUSD’s upward move extended to 0.9175
AUDUSD’s upward movement extended to as high as 0.9175 level. Further rise towards 0.9221 previous high is still possible later today,...
WORLD FOREX: Dollar Finds Favor On Caution
"The short dollar trade has become a bit crowded," said Brian Dolan, chief currency strategist at Forex.com. "The real money mangers are buying back dollars ... See all stories on this...