This Might be the USDJPY Bottom – Why?

Last week I cited retail and professional speculative positioning as a key reason for a USDJPY tumble, but we’re seeing early signs that the USDJPY may indeed bounce.

Last week I cited retail and professional speculative positioning as a key reason for a USDJPY tumble, but we’re seeing early signs that the USDJPY may indeed bounce.

EUROPEAN SESSION UPDATE: Comments from officials couldn’t stop the 6% decline in the Nikkei or the rise in Yen; Euro retreats from a rise towards 1.3400…

Dollar Hits 2-Month Low vs. Yen, Eyes Retail Sales Data for Help

The Japanese Yen corrected lower as risk sentiment trends digested after yesterday’s blood-letting.

The battle between risk and stimulus continues for dominance over the FX and capital markets.

The Bank of Japan’s decision to withhold additional stimulus has set off a sharp yen rally, and now, with no intervention upcoming, traders are left to wonder how much further the USDJPY pair will fall?

The US Dollar Index could not hold above the breakout levels around 84, and it has spiked lower over the past couple weeks. This is due to strength in the euro and yen, both of which have

The Japanese Yen snapped back against its major counterparts on Tuesday, while the Euro continues to carve a near-term top in June.

The Japanese Yen is likely to continue higher while the Australian Dollar swoons as risk aversion grips financial markets after a disappointing BOJ policy announcement.

Tokyo — The US dollar fell against the yen and Japanese stocks sagged after the Bank of Japan held off from taking fresh steps to curb bond market volatility, while Asian shares hit 2013 lows amid worries over slowing growth in China and continued uncertainty on how long the US stimulus will remain in place.