USD/JPY outlook from UOB.

UOB analysts provided their outlook on USD/JPY today. “We turned neutral USD last Friday after our stop-loss was triggered at 109.60 (high of 109.73). The sharp drop upon opening in Sydney was clearly unexpected. The downside risk is increasing quickly and a daily closing below 107.50 would indicate a resumption of the bearish trend. The […]

BankForecast.com USD/JPY forecast 18-22 April 2016.

Talks regarding further FED rate increase are still major focus of market. As April FOMC meeting is approaching we can see that FEDs officials are much more on the side of cautions approach and rate increase during June as per FEDs Kaplan, Lockhart and FED Chair Yellen. Unexpected negative results posted during last week on […]

BankForecast.com USD/JPY Weekly Forecast April 11-15 2016

We have seen another very volatile week on financial markets, again with FED in spotlight. Minutes of  March FOMC meeting had been released, revealing that there is still not clear path for FEDs policy and that it is currently largely driven by world economical developments and fears of spillover effects on US economy and exports, […]

USD/JPY bearish targets from Barclays.

The technical strategy team at Barclays Capital provided their forecast for USD/JPY. “Our bearish view was encouraged by the test of our initial downside targets in the 110.35/05 area. A move below Tuesday’s 109.95 low would confirm downside traction towards support near 109.60 and then towards the 107.60 area. Our greater targets are near 106.65.” […]

BankForecast.com USD/JPY Weekly Forecast 04-08 April 2016

Very disappointing Tankan survey data has been released during previous week, and came as a big surprise to the market. Tankan Large Manufacturers Index reaching level of 6 is on its lowest level for almost last three years, implying on not so favorable business conditions and possible future business contraction of manufacturing industry. Such a […]

USD/JPY will decline to 100 according to Barclays.

The dovish comments from Fed last week would continue to make downward pressure on US dollar in near term according to the analysts at Barclays. “We continue to expect USDJPY to decline toward 100 in the quarters ahead,” said in the report. As of 4:52 PM EDT the pair was trading at 111.96, which is […]

BankForecast.com USD/JPY Weekly Forecast March 21-25 2016

USD/JPY forecast March 21-25. Focus of the third week of the March had been on Central banks concerns regarding recessions and economy slowdowns. During previous week we have seen ECB further deposit rate cut to -0.4%, while week-end was marked with FED`s revised interest rate policy and cut of GDP projections for this year, which […]
page 3 of 5