forex jpy

Japanese trade data was weaker than expected once again over August, remaining in the red for a second consecutive month. The headline trade balance figure was -445 bln JPY, showing a stark increase from July’s -232 bln JPY. The seasonally adjusted number was also weak at – 190bln JPY, far worse than the expected -144 bln JPY figure the market w...

2018-09-19 James Harte Read more
forex japan gdp

The latest revised GDP numbers from Japan showed that the economy advanced faster than previously expected. The data on the final reading on the gross domestic product from the Cabinet Office showed that Japan's GDP advanced at an annual rate of 3.0% in the three months of April through June 2018. [caption id="attachment_60053" align="alignce...

2018-09-18 John Benjamin Read more
forex jpy

Like all currency pairs, there are certain peculiarities of Japan and their currency that make the JPY perform differently, and this can have an impact on how the market behaves. Consequently here are a few things from a fundamental perspective that could help you in trading yen pairs. [shortcode-variables slug="act_tradeideas"] Overview Th...

2018-09-12 Daniel John Grady Read more

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 2k contracts to take the total position to 34k contracts. EUR has now been net sold for each consecutive week over the last month as the market has adjusted its view in line with the ECB’s declaration that rates will be on hold until at least summer 2019. ...

2018-07-02 James Harte Read more
BoJ keeps policy unchanged

The Bank of Japan's monetary policy meeting held last week on Friday saw no major changes to interest rates or the central bank's QE program as widely expected. However, the BoJ removed its reference to following a time-frame for achieving the inflation target which surprised some analysts. The BoJ said that this was done in a bid to keep the ma...

2018-05-04 John Benjamin Read more
BoJ Hawkish outlook

The Bank of Japan will be holding its monetary policy meeting later this week on Friday. The BoJ's meeting comes on the heels of the ECB meeting on Thursday. While no changes to interest rates are expected from the BoJ, the central bank's statement is likely to garner a lot of attention. The markets continue to flip-flop on the Japanese yen o...

2018-03-23 John Benjamin Read more
Yen_Japan

Japanese GDP Boosts JPY JPY was stronger over the European morning following the latest data, realised overnight, which showed that Japanese GDP grew 0.3% over Q3. The increase is a result of a 0.5% positive contribution from net exports and a 0.2% negative contribution from domestic demand. Real private consumption decline, in line with expect...

2018-01-25 James Harte Read more
PARIS, FRANCE - MAY 2, 2016 : The Prime Minister of Japan Shinzo during press conference at Elysee Palace (Palais de l'Elysee) for a working visit about the summit of G7 in japan.

Political Events Continue to Pose Risks In what has become a strong theme in forex markets, political events are once again overshadowing basic economic drivers. Following the recent UK and German elections, attention has now shifted to Japan where the traditionally tame and uneventful political climate has been disrupted. Abe Calls Snap Ele...

2017-10-22 James Harte Read more
BOJ

QQE With Yield Curve Control to Remain Unhanged At their upcoming meeting this week, the BOJ is widely expected to keep their current “QQE with yield curve control” unchanged and as such, is not expected to create much market movement. The current domestic backdrop is one of political uncertainty as investors are keen to learn whether PM Abe wi...

2017-10-22 James Harte Read more
Nikkei225_Equities_0802

After two weeks of a choppy trading in most of the global equities, due to the global geopolitical tensions, some of these indices tried to recover losses. However and so far, they are still far away from recovering. This is even though the geopolitical tensions between the US and North Korea has eased significantly ahead of the Jackson Hole me...

2017-08-28 Nour Eldeen Al-Hammoury Read more