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.

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
EUR/USD
Bullish
Oil - US Crude
Mixed
Wall Street
Bearish
Low
High
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
Gold
Bearish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: -0.02% 🇨🇭CHF: -0.12% 🇬🇧GBP: -0.13% 🇨🇦CAD: -0.37% 🇳🇿NZD: -0.40% 🇦🇺AUD: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/kZeDRkkVU2
  • Indices Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.28% France 40: -0.42% US 500: -0.53% FTSE 100: -1.21% Germany 30: -1.22% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/X2cxLLQl17
  • Please join @CVecchioFX 's webinar at 6:30 AM EST/11:30 AM GMT which will focus on central banks and recent changes to #monetary policy. Register here: https://t.co/HyPgSrhjor https://t.co/1ymzWjliz2
  • The bull flag pattern is a great pattern to add to a forex trader's technical arsenal. Explosive moves are often associated with the bull flag. Learn more about the bull flag pattern here: https://t.co/yOEvLjKnct https://t.co/9olCi7ylB8
  • 💶 Industrial Sentiment (JAN) Actual: -5.9 Expected: -7.2 Previous: -6.8 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 💶 Consumer Confidence Final (JAN) Actual: -15.5 Expected: -15.5 Previous: -13.8 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 💶 Economic Sentiment (JAN) Actual: 91.5 Expected: 89.5 Previous: 92.4 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 💶 Industrial Sentiment (JAN) Actual: -5.9 Expected: -7.2 Previous: -7.2 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 💶 Consumer Confidence Final (JAN) Actual: -15.5 Expected: -15.5 Previous: -13.9 https://www.dailyfx.com/economic-calendar#2021-01-28
  • 💶 Economic Sentiment (JAN) Actual: 91.5 Expected: 89.5 Previous: 90.4 https://www.dailyfx.com/economic-calendar#2021-01-28
Yen Supported by Two Huge Uncertainties; USDJPY Downtrend May Extend

Yen Supported by Two Huge Uncertainties; USDJPY Downtrend May Extend

David Cottle, Daniel Dubrovsky,

Havens Still Required

The Japanese Yen has headed into a new calendar quarter on a high note, with its customary haven role underscoring demand which has brought USD/JPY down to its 2019 lows.

The currency has been supported by a range of economic uncertainties, of which two loom the largest. The first is the ongoing trade dispute between the US and China. There has been some cooling of rhetoric on this subject from both sides as May has slipped into June. A durable settlement clearly remains elusive, but any headlines suggesting that such an end is being actively and amicably sought could well see risk appetite revive, probably to the detriment of the Yen.

To read the full Japanese Yen Forecast, download the free guide from the DailyFX Trading Guides page

USDJPY

Technical Analysis: USDJPY Downtrend May Extend into Third Quarter

In the second quarter USDJPY technical forecast, I outlined a couple of brewing bullish and bearish candlestick formations that might have defined the outlook for months to come. At the time, price action hinted that the more likely scenario would be a resumption of the dominant downtrend from 2015. Heading into the third quarter of 2019, that is looking to be the more likely outcome.

To read the full Japanese Yen Forecast, download the free guide from the DailyFX Trading Guides page

USD/JPY Monthly Chart

USDJPY

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

DISCLOSURES