FX News

USD/JPY: To Remain In 108-114 Range Into Year-End; Dips Below 108 An Attractive Buy – SEB

SEB FX Strategy Research thinks that USD/JPY will continue to trade in the 108-114 range until the end of 2017.

"Short-term events such as geopolitical risks and severe weather in the US may push USD/JPY below 108 but if Read More →

EURJPY – Can Euro Break 134.50 Vs Japanese Yen?

Key Points

  • The Euro traded higher recently above the 133.60 resistance against the Japanese Yen.
  • There is a connecting bullish trend line forming with support at 133.70 on the hourly chart of EURJPY.
  • Recently in Japan, the Coincident Index for Read More →

Euro slips below 1.19 as German elections create political uncertainty

Angela Merkel secured a fourth term as chancellor on Sunday, despite the fact her centre-right bloc recorded its worst result since 1949. Merkel’s election victory was overshadowed by a far-right surge, which garnered 13 percent of the vote, while Read More →

EUR/USD: It’s ‘Now Or Never’ For Tactical Bears; Levels To Watch – SocGen

Societe Generale Cross Asset Strategy Research argues that around it is impossible to chart EUR/USD around current levels without noticing that the recent strength is looking overdone.

"The image we have used over and over again is of the Read More →