Skip to Content
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
More View More
Japanese Yen Remains in Control versus US Dollar

Japanese Yen Remains in Control versus US Dollar

David Rodriguez, Head of Product

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

USDJPY Heavily one-sided retail FX trader sentiment points to further US Dollar weakness versus the resurgent Japanese Yen.

Trade Implications – JPY Pairs: Our retail trader sample shows total long positions in the USDJPY outnumber those short by over 2 to 1—the most extreme sentiment we’ve seen since the pair set an important low near 101 in July, 2014. One-sided positioning often coincides with important price reversals, but sentiment extremes are only clear in hindsight.

Indeed the Yen remains the top-performing currency in 2015, and our sentiment data suggests it may continue higher versus the US Dollar (USDJPY lower) and other major counterparts before any meaningful turnaround.

See next currency section: AUDUSD - Australian Dollar Shows Early Signs of Reversal

Written by David Rodriguez, Quantitative Strategist for

Automate our SSI-based trading strategies via Mirror Trader free of charge

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at

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