JPYUSD=X - JPY/USD
| Previous Close | 0.009 |
| Open | N/A |
| Bid | 0.009 |
| Day's Range | 0.009 - 0.009 |
| 52 Week Range | 0.0089 - 0.0095 |
| Ask | 0.009 |
- FX Empire
USD/JPY Fundamental Weekly Forecast – Likely to Plunge on Coronavirus Fears
The emphasis this week will be on safety. Given the worsening coronavirus problem, I expect global stock markets to open sharply lower and the Japanese Yen to spike higher as investors seek safe-haven protection.
- FX Empire
USD/JPY Forex Technical Analysis – Looking for Early Test of 108.971 to 108.421
Based on the events over the weekend with the spreading of the coronavirus, we’re expecting to see a lower opening.
- FX Empire
USD/JPY Price Forecast – US Dollar Sluggish Against Yen
The US dollar has done very little against the Japanese yen, as the market tried to rally a bit, but at this point it looks very sluggish and like it’s going to struggle to go anywhere significant in the short term.
- FX Empire
USD/JPY Weekly Price Forecast – US Dollar Pulls Back During The Week
The US dollar pulled back a bit during the week against the Japanese yen, as we are now likely to test the ¥109 level. That being said, there should be plenty of support just below as well.
- FX Empire
USD/JPY Fundamental Daily Forecast – Could Weaken into Close on Weekend Coronavirus Worries
Conditions could change late in the session as investors decide whether to hold risky stock positions over the weekend.
- FX Empire
The Weekly Wrap Up, the Loonie and Brexit
It was a busy start to the week ahead of a particularly busy end to the week. Expect plenty of moves as the markets digest a heavy economic calendar.
- FX Empire
Private Sector PMIs and Retail Sales Figures Put the EUR, GBP, USD and Loonie in Focus
It’s a busy day ahead, with private sector PMIs for January to set the tone. Expect retail sales figures from Canada to also drive the Loonie.
- FX Empire
USD/JPY Price Forecast – US Dollar Falls Against Japanese Yen
The US dollar pulled back against the Japanese yen rather stringently during the trading session on Thursday, raking below the ¥109.50 level. However, we should have plenty of support underneath.
- FX Empire
USD/JPY Fundamental Daily Forecast – Should Tumble Further if WHO Declares Coronavirus Global Health Emergency
The World Health Organization (WHO) postponed a decision Wednesday over whether to declare the disease a global emergency. However, the WHO is expected to make the announcement today. This news should dictate the next move in the Dollar/Yen.
- FX Empire
The Aussie Dollar Makes a Move as the Focus Shifts to the ECB and the EUR
Employment figures give the Aussie a boost as the focus shifts to the ECB. Will Lagarde follow the BoC with a dovish outlook to sink the EUR?
- FX Empire
Japan Lowers Capex Forecast as Economy Remains Sluggish
The Japanese economy has been hit hard by the weak global economy, and the growth forecasts for 2020 could mean more economic turbulence lies ahead.
- FX Empire
USD/JPY Price Forecast – US Dollar Wilts Against Japanese Yen
The US dollar initially tried to rally during the trading session on Wednesday but gave back the gains to show a less than impressive move against the Japanese yen.
- FX Empire
USD/JPY Fundamental Daily Forecast – Light Short-Covering as Safe-Haven Demand Eases
The early price action suggests an easing of concerns over the spread of coronavirus could encourage investors to liquidate their safe-haven Japanese Yen positions placed earlier in the week. This would drive the USD/JPY higher.
- FX Empire
It’s a Big Day for the Loonie, with the Bank of Canada and Monetary Policy in Focus
The Bank of Canada and the Loonie are in focus, with economic data on the lighter side elsewhere…
- FX Empire
USD/JPY Price Forecast – US Dollar Finds Buyers On Dips Against Japanese Yen
The US dollar has pulled back a bit during the trading session on Tuesday but found support below the 1.10 level to turn things around and show just how bullish this market truly is.
- FX Empire
Gold and Japanese Yen: Which One is not a Safe-Haven Asset Anymore?
In times of political and economic uncertainties, analysts recommend investing in safe-haven assets. The US dollar, Japanese yen, and gold were always considered as the main refuges.
- FX Empire
IMF Cuts Growth Forecasts Amid ‘Sluggish’ Global Economy
IMF attributes ‘the lion’s share’ of downward revision to ‘more subdued growth forecast’ for India. Asia’s third-largest economy, is expected to grow by 5.8% in 2020, a 1.2 percentage point markdown from the organization’s October forecast.
- FX Empire
USD/JPY Fundamental Daily Forecast – BOJ Holds Rates Steady; Bumps Up Growth Forecast as Global Risks Recede
In a quarterly review of its forecasts, the BOJ revised up its growth projection for the fiscal year beginning in April to 0.9% from an estimate of 0.7% growth made in October, helped by a boost from the government’s fiscal stimulus package.
- FX Empire
USD/JPY Forex Technical Analysis – Momentum Shifts to Downside if 109.790 Fails
Based on the early price action and the current price at 108.929, the direction of the USD/JPY the rest of the session on Tuesday is likely to be determined by trader reaction to the minor pivot at 110.040.
- FX Empire
Coronavirus Jitters Surface as the Focus Shifts to Employment Numbers and the GBP
More stats due out of the UK could test the Pound further this afternoon. Earlier in the day, the BoJ held rates steady.
- FX Empire
USD/JPY Price Forecast – US Dollar Continues To Grind Against Japanese Yen
The US dollar has rallied a bit against the Japanese yen early on Monday, as we continue to see strength in general. At this point, the market will more than likely find buyers on dips as we have clearly broken through a major level at one point last week.
- FX Empire
Will the BoJ and the ECB join the Fed or show strategic prudence?
Monday is a day off in the American markets due to the Martin Luther King’s Day. Because of the holiday, trading on other markets also promises to be muted.
- FX Empire
USD/JPY Uptrend Hesitates with Rising Wedge Reversal Pattern
USD/JPY made a bullish continuation after breaking the previous top but the higher high lacks momentum and strength.
- FX Empire
USD/JPY Retracement Below 110.00 Continuation Above 110.40
Dear Traders, The USD/JPY has already reached M H5 camarilla level. We can see that the pink dot appeared, signaling for a potential counter trend move.
- FX Empire
USD/JPY Fundamental Weekly Forecast – BOJ Expected to Leave Policy Unchanged
The Bank of Japan will issue its Outlook Report and Monetary Policy on Tuesday. It is expected to leave interest rates and policy unchanged. Also expect policymakers to say they are optimistic about a recovery in the economy because of the signing of the U.S.-China trade deal.
