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
EUR/USD
Mixed
Oil - US Crude
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
Wall Street
Bearish
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.85%, while traders in EUR/USD are at opposite extremes with 72.63%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Nhgnm3na4O
  • Heads Up:🇲🇽 Economic Activity YoY (AUG) due at 11:00 GMT (15min) Expected: -8.2% Previous: -9.8% https://www.dailyfx.com/economic-calendar#2020-10-26
  • Tune in to @CVecchioFX 's #webinar at 7:30 AM ET/11:30 AM GMT for insight on major event risk in the week ahead. Register here: https://t.co/X8TIhpKxtF https://t.co/jdPwOmoJPa
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Gold: -0.01% Silver: -1.50% Oil - US Crude: -2.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/s81bCxkvwF
  • There is a great debate about which type of analysis is better for a trader. Is it better to be a fundamental trader or a technical trader? Find out here:https://t.co/7kPzAoNoLG https://t.co/70xTk6wONn
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.06% 🇳🇿NZD: 0.04% 🇦🇺AUD: -0.10% 🇨🇭CHF: -0.35% 🇨🇦CAD: -0.44% 🇪🇺EUR: -0.45% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/m9ctHYYLA5
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: FTSE 100: -0.15% France 40: -0.45% Wall Street: -1.12% US 500: -1.15% Germany 30: -2.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/H1PbY65ApG
  • 🇩🇪 Ifo Business Climate (OCT) Actual: 92.7 Expected: 93 Previous: 93.4 https://www.dailyfx.com/economic-calendar#2020-10-26
  • Heads Up:🇩🇪 Ifo Business Climate (OCT) due at 09:00 GMT (15min) Expected: 93 Previous: 93.4 https://www.dailyfx.com/economic-calendar#2020-10-26
  • Take a closer look visually at the most influential global importers and exporters here: https://t.co/1G7CRsegRX https://t.co/CtslKYaS2T
Japanese Yen Pressured as Big Problems Seem to Fade

Japanese Yen Pressured as Big Problems Seem to Fade

2019-12-22 10:00:00
David Cottle, Analyst
Share:

The Japanese Yen sails into a new quarter and indeed a new year with some clear difficulties, at least if you’d like to be a bull. Will they last?Well, the currency’s vaunted ‘haven status’ has seen it increasingly out of favor as at least two of the global economy’s key concerns seem to have become less urgent. Front and center, of course, is the trade situation between China and the United States. The twists and turns of tariff impositions, threats of more and, rarer, signs of rapprochement, have kept investors on their toes all year.

Japanese Yen Pressured as Big Problems Seem to Fade

Now, however, a phase one trade deal appears to be in the offing. This isn’t the end, of course. The agreement seems to amount to very little more than a formalized ceasefire with the real meat of a trade settlement awaiting the world in phase two negotiations. No one knows how long these will take or what conclusion they’ll reach.While the two sides are still talking, risk appetite it likely to favor bolder currency bets than the Japanese Yen, with the likes of the Australian Dollar perhaps set for demand instead.However, as investors well know, there are bound to be setbacks, walkouts and spats along the way which will see things like the Yen and gold underpinned.

Looking for the full guide? Full Q1, 2020 Forecasts will be released on Monday, December 23.

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

DISCLOSURES