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.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Heads Up:🇮🇩 Inflation Rate YoY (JUL) due at 04:00 GMT (15min) Expected: 1.45% Previous: 1.33%
  • (ASEAN Fundy) US Dollar Outlook: SGD, THB, IDR, PHP May Benefit on Slowing Covid Growth, Soft NFPs #USD #ASEAN $USDSGD $USDTHB $USDIDR $USDPHP
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here:
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: -0.12% Silver: -0.30% Oil - US Crude: -1.23% View the performance of all markets via
  • RT @Yeap_IG: #IGMorningthoughts: - 89% of #SP500 companies outperformed earnings thus far, but only 0.2% gain in SP500 since start of earni…
  • Gold prices risk forming a "Double Top" pattern - #GOLD chart
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.01% 🇪🇺EUR: -0.05% 🇨🇭CHF: -0.10% 🇨🇦CAD: -0.14% 🇦🇺AUD: -0.17% 🇳🇿NZD: -0.17% View the performance of all markets via
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.87%, while traders in Wall Street are at opposite extremes with 74.32%. See the summary chart below and full details and charts on DailyFX:
  • Keppel Corp is seeking to buy Singapore Press Holdings (SPH) for S$2.2 billion following the spin-off of its media assets, and plans to delist and privatize the company - BBG
  • S&P 500 Futures Lift Nikkei 225, Regulatory Risks Hit Chinese Stocks
JPY Bears Rejoice on BoJ Advisor’s QE Recommendation

JPY Bears Rejoice on BoJ Advisor’s QE Recommendation

Tyler Yell, CMT, Currency Strategist
JPY Bears Rejoice on BoJ Advisor’s QE RecommendationJPY Bears Rejoice on BoJ Advisor’s QE Recommendation

Fundamental Forecast for Yen:Bearish

The following headlines caused JPY bears to rejoice this week and were a key reason the JPY ended the week weaker against AUD & EUR by ~3.75% and ~2.95% respectively:



This words came in an interview with Bloomberg on September 10th and saw those fearful of stimulus spoiling their trade see their fears come to realization. The above comments were made by a recent advisor of PM Shinzo Abe and Ruling Liberal Democratic Party lawmaker Kozo Yamamoto. This will turn eyes even more intently on the Bank of Japan’s upcoming policy meeting this September 14 and 15th to see if the BoJ downgrades their global economic and inflation forecasts, which could precede further stimulus in coming months.

Last year, the late October meeting shocked the financial world with a surprise stimulus that took the USDJPY from around 109 at the time of the announcement to 121.89 in 26 trading days to a rise of 11.75% or 1,280 pips. Due to the recent economic situation in China and the commodity depression, many are looking to the BoJ to opt for additional easing in Q4 2015 or Q1 2016. JPY Bears continue to look to the BoJ and Abe government to feed this strong trend currently in its 4th year. The recent drop in the Nikkei is seen as additional justification for the BoJ to shore up confidence in the Abe Government’s economic plan.

In addition to the Bank of Japan Monetary Policy Statement on the 14th and 15th of next week, we’ll see three other key data points that will be looked at as fuel for the BoJ to increase stimulus on a disappointing print and likely irrelevant on a beat. The data points are the Tertiary Industry Index, Industrial Production (Finalized), and Capacity Utilization with expectations of .3%, -0.6% MoM, and 0.7% respectively.

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