• Daniel posted an update 5 years ago

    Reconnaissance

    USDJPY (79.74) – The JPY continues to give the greenback a run for the money. The yen is weaker due to the upcoming BoJ meeting, where traders and government officials are expecting the BoJ to add to its current stimulus program. The government has been mounting a campaign to push the BoJ to add stimulus to help the ailing economy…[Read more]

  • Daniel posted an update 5 years, 1 month ago

    USD/JPY Analysis

    Reconnaissance
    USDJPY (80.09) – The yen is weaker, down 0.4% from yesterday’s close as market participants consider the impact of political grandstanding resulting from disagreement over fiscal issues. Opposition parties are seeking an election before the end of the year in exchange for support of a deficit financing bill. U…[Read more]

  • Daniel posted an update 5 years, 1 month ago

    Reconnaissance

    USDJPY (79.98) – The JPY continues to weaken as the BoJ October 30th meeting draws closer. The potential for further easing from the BoJ will continue to weigh on JPY ahead of the October 30th policy announcement. Bloomberg is reporting that expectations for an increase in asset purchases range from ¥5trn to ¥10trn. The yen e…[Read more]

  • Reconnaissance

    USDJPY (79.86) -Against the Japanese yen the dollar changed hands for ¥79.83, little changed from ¥79.85 Tuesday. The U.S. dollar declined in Asian trading hours Wednesday after a preliminary […]

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