Dollar Falls Before Bernanke as U.S. Growth Slows; Yen Gains
Aug 26th
The dollar weakened against most of its major counterparts on speculation Federal Reserve Chairman Ben S. Bernanke may disappoint investors betting on added stimulus and a report showed U.S. growth slowed.
Dollar Falls Before Bernanke Speech, U.S. GDP Report; Yen Gains
Aug 26th
The dollar weakened against most of its major counterparts on speculation Federal Reserve Chairman Ben S. Bernanke may disappoint investors betting on added stimulus and a report forecast to show U.S. growth slowed.
USD/JPY gives ground early
Aug 26th
Dollar extending slippage seen overnight in Asia, with USD/JPY down at 76.95 from around 77.30 when I sat down. Talk of some sell stops gathered through 76.90. I dont think theyre overly heavy. US bank seen selling GBP/JPY this morning.
Dollar rangebound against yen, Bernanke’s speech eyed
Aug 25th
The dollar was rangebound against the yen in Asia as the market awaited a speech by the US Federal Reserve chief amid diminishing expectations for a new round of credit easing.
USD/JPY orders
Aug 25th
Corporate bids moving higher; 76.90 first reported bids Offers reported starting 77.75, at regular intervals above 78.00 through 78.50 Looks like we’re going to stay rangebound albeit on a slightly higher plane
Japan stocks slip after U.S. losses, but weaker yen limits loss; Nikkei Average down 0.2%
Aug 25th
Japan stocks slip after U.S. losses, but weaker yen limits loss; Nikkei Average down 0.2%
Is the dollar regaining its status as the world’s preeminent “safe haven” currency from the yen and franc? The dollar’s rise today against both currencies could be a tell-tale sign, particularly given the general sell-off in risky assets. Of course, recent interventions by Swiss and Japanese central bankers could also be having an effect.
Aug 25th
Is the dollar regaining its status as the world’s preeminent “safe haven” currency from the yen and franc? The dollar’s rise today against both currencies could be a tell-tale sign, particularly given the general sell-off in risky assets. Of course, recent interventions by Swiss and Japanese central bankers could also be having an effect. … Read more
USD/JPY extending gains, surmounts 77.50
Aug 25th
Looks to be tripping a few stops above that level. Now at 77.56. Fibo resistance right here at 77.58.
USD/JPY Breaks Range Resistance; Breakout Projection Targets 78.50-78.60
Aug 25th
The 77.22 level was range resistance for most of August. We are finally breaking above that today. The range breakout projection is to 78.50. However, we are in the midst of a risk event that should last through Friday. Bullish candlesticks in the 4H chart toward the right of the chart have been…
USD/JPY: What can’t go down must go up?
Aug 25th
USD/JPY has been in the doldrums for weeks except for one very brief flurry which took us below 76.00 very briefly a week ago. We’ve been trying to push to the topside for the past 24-hours or so, a sign perhaps that the specs are getting bored with unproductive positions. It could also be a… Read more
