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
Wall Street
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
  • It seems the markets are riding high, but risk is always lurking around the corner. Consider your escape plan before you find yourself in collapsing market. What are the top havens for different conditions in 2021? Find out from @JohnKicklighter here:
  • Angola to cut November oil exports to lowest since at least 2008 - Angola exported 1.1mbpd of crude oil in September, according to Refinitiv
  • ECB's Kazaks - The 2% price target will not be met in the medium term - Inflation outlook likely to be revised higher
  • Emotions are often a key driving force behind FOMO. If left unchecked, they can lead traders to neglect trading plans and exceed comfortable levels of risk. Read on and get your emotions in check here:
  • ECB's De Cos says conclusion of FT report is incompatible with ECB guidance $EUR
  • 💶 Inflation Rate YoY Final (AUG) Actual: 3% Expected: 3% Previous: 2.2%
  • 💶 Inflation Rate MoM Final (AUG) Actual: 0.4% Expected: 0.4% Previous: -0.1%
  • 💶 Core Inflation Rate YoY Final (AUG) Actual: 1.6% Expected: 1.6% Previous: 0.7%
  • Heads Up:💶 Inflation Rate YoY Final (AUG) due at 09:00 GMT (15min) Expected: 3% Previous: 2.2%
  • Heads Up:💶 Inflation Rate MoM Final (AUG) due at 09:00 GMT (15min) Expected: 0.4% Previous: -0.1%
Forex News: Japanese Trade Woes Don't Help Yen

Forex News: Japanese Trade Woes Don't Help Yen

Jason Shemtob,

THE TAKEAWAY: Japan’s trade balance disappoints > Economic struggles continue to bolster aggressive monetary policy > Yen outlook Bearish

Japan’s Trade Balance for December came in worse than expected at -¥567.6B in part due to a lower than expected Current Account Total of ¥98.1B. The trade balance slightly missed estimates of -¥560.6B, but was significantly higher than November’s trade balance of -¥847.5B. The Yen retreated following the report with the USD/JPY jumping from 93.625 to 93.691 immediately following the data release.

This most recent report may only add fire to the aggressive monetary policies of Japan’s current government, which has looked towards currency depreciation in the hopes of inducing economic growth. Given Prime Minister Abe’s monetary easing commitment, it will likely take significant positive economic data in order to ease Japan away from the money printing pedal. As a result, while fluctuating economic data may continue to put negative or positive short-term pressure on the Yen, the currency is likely to depreciate against its peers in the long run.

USD/JPY (2 day)

Forex_news_Japanese_Trade_Woes_Dont_Help_Yen_body_Picture_1.png, Forex News: Japanese Trade Woes Don't Help Yen

Chart created usingMarket Scope– Prepared byJason Shemtob

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