Entries Categorized as 'Japanese Yen'

USD/JPY March Seasonality

Date March 5, 2014

March is the fiscal year end in Japan and there tends to be a significant amount of repatriation of foreign earnings as companies look to window dress their balance sheets. This leads many investors to believe that USD/JPY will have a downward bias this month. However taking a look at how USD/JPY has [...]

Forex - What I Like / Dislike 01.25.13

Date January 25, 2013

Will be on CNBC Street Signs this morning and wanted to give you a sneak peek of my notes:
I like EUR and AUD
For EUR:
- All of $ that was parked in Switzerland and U.K. for safety and now its coming back
- Strong German data means IMF and others could be underestimating EZ growth
- ECB begins [...]

BNN Interview: Outlook for USD, JPY and CAD

Date March 16, 2012

I was on the Business News Network earlier this afternoon talking about the outlook for the US Dollar, Japanese Yen and Canadian dollar

Why USD/JPY Could Reach 90

Date March 14, 2012

Over the past 6 weeks, USD/JPY has had a tremendous run. On Feb 1, it was trading at 76 and today, it rose above 83.50. This 7.5 yen move impressed everyone, particularly given the lack of meaningful correction. But the burning question in everyone’s minds is how much further can USD/JPY rise. A [...]

USDJPY Chart Update: Another Reason for 85

Date March 2, 2012

Last week, I was all over the weekly cloud cover break in USD/JPY (see chart one), talking about how important it is and why further gains are likely. It is a new month now and we have another important technical break on the monthly chart (see chart 2). USD/JPY closed above its 20-month SMA. [...]