Monthly archive November, 2016

USD/JPY: On Escape Velocity Toward 120 – BofA Merrill

Although we believed 2016 would be a year of yen appreciation, we saw it as corrective strength. While things have gone both right and wrong, our main points are largely unchanged. We believe JPY's weakness has resumed and will manifest Read More →

USD/JPY: Trading OPEC Meeting – Morgan Stanley

Tomorrow, all eyes will be on the outcome of the OPEC meeting. Expectations are low after Saudi Arabia suggested that output curbs aren’t essential.

An agreement should support risk appetite promoting an immediate USDJPY break higher.

Should there Read More →