Dec 21st, 2017: Yen weak as BOJ Passes
December 21, 2017 9:10 amVideo
Latest News
- GBP/USD. April 16th. British statistics didn’t capture traders’ attention April 16, 2024
- Technical Analysis – EURCHF ticks up after strong losses April 16, 2024
- Technical Analysis – JP 225 index tests crucial support zone April 16, 2024
- Market Comment – Stocks slide, dollar soars as rate cut bets take another hit April 16, 2024
- Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500 from Sebastian Seliga April 16, 2024
- GBP/USD: trading tips for beginners for European session on April 16 April 16, 2024
- EUR/USD: trading tips for beginners for European session on April 16 April 16, 2024
- What’s next for markets amid Israel-Iran tensions? – Special Report April 16, 2024
- Technical Analysis – GBPUSD pulls back into the negative zone April 16, 2024
- Geopolitical developments and stronger US data push volatility to new highs across the board – Volatility Watch April 16, 2024
- Technical Analysis – AUDUSD breaks the lower bound of a sideways range April 16, 2024
- Video market update for April 16, 2024 April 16, 2024
- Hot forecast for EUR/USD on April 16, 2024 April 16, 2024
- Technical Analysis – EURUSD dives further near 1.0600 April 16, 2024
- XM 2024 Ramadan Promotion Winners April 16, 2024
- EUR/USD and GBP/USD: Technical analysis on April 16 April 16, 2024
- Key events on April 16: fundamental analysis for beginners April 16, 2024
- Overview of the GBP/USD pair. April 16th. The pound may rebound, but the flat is over, and there are no reasons for growth April 16, 2024
- Trading plan for GBP/USD on April 16. Simple tips for beginners April 16, 2024
- Trading plan for EUR/USD on April 16. Simple tips for beginners April 16, 2024
Morning Report: 07.00 London
This morning, the Japanese yen has a negative bias after the BOJ opted to pass this morning’s meeting without any significant changes. The USD/JPY and other yen pairs are on the rise.
The AUD/JPY is continuing to rally in particular, while the AUD/USD slips back.
The dollar pairs have a slight negative bias as the dollar index increases. The EUR/USD is pausing after three days of solid gains.
Coming up today
Coming up today, we have UK public sector net borrowing at 09.30.
Canadian CPI and retail sales data are at 13.30.
Also at 13.30 we get US final GDP, Philly Fed manufacturing and unemployment claims.
Trade Idea
While the AUD/USD is showing signs of strains, the AUD/JPY continues to accumulate, helped by the yen lifting off the pace.
A good way to play this is a HIGHER trade predicting that the AUD/JPY will close above 87.25 in 14 days for a potential return of 148%
Related Posts: