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USDJPY – US Dollar Eyeing More Declines Vs Japanese Yen

Key Points

  • The US Dollar made a nice downside move and traded below the 112.50 support against the Japanese Yen.
  • There is a major bearish trend line forming with resistance near 112.55 on the hourly chart of USDJPY.
  • Recently in Read More →

G10 FX: 3 Factors Driving Risk Into Year-End; Impact On JPY, AUD, NZD – Nomura

Nomura FX Strategy Research discusses the outlook for risk sentiment into year-end outlining 3 factors that could stay in the front of investors' minds:

"(1) markets appear worried about another wave of Fed hikes; (2) growth surprises and most Read More →

EUR/USD: ‘Busy’ Building The Foundation For Another 10% Higher – SocGen

Societe Generale Cross Asset Strategy Research discusses EUR/USD outlook, arguing that the pair is likely to consolidate into year end as it prepare for another big move higher next year.

"The euro and yen are both undervalued and Read More →