Browsing Tag

Japanese Yen

Why Should You Care About CADJPY?

CADJPY or CAD/JPY is the symbol used for the currency pair consisting of the Canadian Dollar and the Japanese Yen. One of the lesser-known crosses, it doesn't have a nickname. The value shows how many Japanese yen (the quote currency) are…

Why Should You Care About the AUDJPY?

AUDJPY or AUD/JPY stands for the pair of currencies composed of the Australian Dollar and the Japanese Yen. Because neither is the US Dollar, this is is a cross pair. The value corresponds to how many Japanese Yen (the quote currency) are…

Intraday Analysis 3rd August 2018

Daily Forex Market Preview, 03/08/2018 The U.S. Dollar was seen trading rather firm on Thursday. Lack of economic news flow has shifted focus on the United Kingdom. The Bank of England hiked interest rates by 25 basis points as widely…

How High for the Yen

USDJPY breaks down to its lowest level in 15 months, falling under 107 to test the all-important trendline support -- extending from summer 2016. Is the yen too high for Japan’s struggling economy? Will the Bank of Japan intervene and try…