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Author Archives: JPY Editor

USD Struggles Going into the FOMC Decision

USD trading remained technical in nature today, as investors are counting down to tomorrow’s FOMC decision. USD/JPY set a new correction top, but reversed earlier gains later on. EUR/USD traded close to mostly slightly below the 1.20 mark. Overnight … ...

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USD/JPY seen at 114.00 in 3-month – Danske Bank

Morten Helt, Senior Analyst at Danske Bank, believes the pair could climb to the 114.00 area in the near term. “While the combination of strong global PMIs and postponement of US debt limit risk is good for risk appetite and ...

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USD/JPY Higher ahead of FOMC

The US Dollar struck a fresh 8-week peak versus the Japanese Yen ahead of the start of a 2-day monetary policy meeting of the Federal Reserve Bank. Calm over the North Korean missile threat is also helping to ease the ...

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USD Eyes Storm on Horizon with FOMC Meeting Tomorrow

USD/JPY looks like the best candidate for USD-strength at present time given the US Treasury 10-year yield’s ongoing run higher. – Retail crowd positioning has eased, but remains near extreme levels in a few USD-pairs. With the Federal Reserve starting ...

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USD/JPY: Monitoring resistance area around 112.00

EUR/USD lies in a bullish trend. Hourly resistance can be found at 1.2092 (08/09/2017 high) while hourly support lies at 1.1823 (31/08/2017 low). Stronger support is given at a distance at 1.1662 (17/08/2017 low). Expected to show renewed bullish pressures. ...

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