News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
GBP/JPY and USD/JPY Threaten Breakdown, Major Risk for Bulls

GBP/JPY and USD/JPY Threaten Breakdown, Major Risk for Bulls

Christopher Vecchio, CFA, Senior Strategist

Talking Points:

- Markets entering risk-off phase?

- GBPJPY and USDJPY show signs of topping in the medium-term.

- Only one high ranked event on the economic calendar today for USD.

To keep up with developments central banks and their policy changes, be sure to sign up for my distribution list.

The Japanese Yen is gaining momentum as global equity markets slip - risk-aversion is coming back into play. We're watching GBPJPY and USDJPY.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES