 Today, the Japanese yen fell across the board throughout the Asian and European session, and has so far held those gains in the US session. The GBP/JPY is breaking out of congestion as well as… |
 The first global session of this week started with some risk appetite. The US Dollar pretty much started to decline as soon as the week started as global equities rallied and thus it was not demanded as a… |
 The Japanese yen ended the week lower after showing some strength in the middle of the week. For the EUR/JPY and GBP/JPY, the markets are still in ranging modes. The CAD and AUD are in the similar situation as well as the USD… |
 The EUR/USD is giving reversal signals, but there is still a lot of bullish momentum to support the pair. Same can be said for the GBP/USD. Against the Japanese yen, both euro and pound have been ranging. Finally, comparing EUR to the GBP, it appears that the EUR/GBP may have found a double… |
 This week, equity markets started somewhat subdued, with Asian markets sliding, and European and US markets giving away early gains. The dollar and yen were mainly gainers to start, but the dollar’s strength fizzled during the European session. The Euro also continues to… |
 There is some further greenback weakness across the board. We see rallies in EUR/USD as well as declines in USD/JPY and USD/CHF. However commodity currencies such as the AUD and CAD are not fairing so well. Let’s take a look at some charts… |
 The market started this week showing reversal signals in many currency pairs. Today, price action is testing that outlook, and may be developing continuation instead of reversal scenario. Let’s take a look at… |
 As always on Fridays, let’s take a look at the Japanese yen crosses. The Japanese currency fell across the board, especially to the commodity currencies. Is this a correction to be followed by further yen-strength, or… |
 In the US session today, the Yen and Euro were the gainers, while the USD and gold were losers. The Euro was able to keep its gains on the USD, while the British Pound could not. USD weakness and Yen strength can be seen in the USD/JPY. Also, the USD/CAD appears to have completed a double top. Lastly… |
 This week started with consolidation of last Friday’s USD-negative moves in the EUR/USD and GBP/USD, as well as consolidation in JPY-crosses in the GBP/JPY and USD/JPY. The market was… |