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USD/JPY Outlook – September 12-16

USD/JPY Outlook – September 12-16

Dollar/yen managed to drift higher and step away from the “intervention zone”. Will this hold? BSI Manufacturing Index and Tertiary Industry Activity are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week The BOJ maintained the overnight call rate at 0.10%. Leading Indicators climbed more than

Forex Daily Outlook – August 9 2011

Forex Daily Outlook – August 9 2011

FOMC Statement in the US and Manufacturing Production in the UK are the main events lined up.  Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Statement, the main FOMC key tool regarding monetary policy. It forecast the interest rates and other policy measures. Later in the US, Federal Funds

USD/JPY Outlook – August 8-12

USD/JPY Outlook – August 8-12

The third intervention in less than a year left the pair about 200 pips higher, but there are doubts about its efficiency, especially as the US got downgraded. Monetary Policy Meeting Minutes, Tertiary Industry Activity and Core Machinery Orders are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis

Forex Daily Outlook – July 11 2011

Forex Daily Outlook – July 11 2011

Housing Starts in Canada and RICS House Price Balance in UK are the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Housing Starts, important monthly report to value all new number of new housing that began building over the passing month, about to slightly reduce from 184K on June to

USD/JPY Outlook – July 11-15

USD/JPY Outlook – July 11-15

Japan’s rate decision and the BOJ press conference are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. Last week brought positive readings in Average Cash Earnings, Economy Watchers Sentiment and the Current Account rising above expectations indicating a real trend of recovery in the Japanese economy. The

USD/JPY Outlook –June 6-10

USD/JPY Outlook –June 6-10

Final GDP and Tertiary Industry Activity  are the major activities this week. Here is an outlook for the major events that will move the yen, and an updated technical analysis for USD/JPY. Japan’s steep fall after the March 11 earthquake, tsunami and nuclear crisis may change direction in the very near future according to government

USD/JPY Outlook –May 16-20

USD/JPY Outlook –May 16-20

Dollar/yen has undergone a choppy week. Preliminary GDP and the rate decision are the main events in the upcoming week. Here is an outlook on the market movers ahead and an updated technical analysis for USD/JPY. Japan’s current account surplus shrank in March 34.3%   from a year earlier after economists expected 31.2% fall with exports

USD/JPY Outlook –April 18-22

USD/JPY Outlook –April 18-22

Tertiary Industry Activity and Trade Balance are the main events this week. Here’s a review of the major market-movers ahead and an updated technical analysis for USD/JPY, that is on lower ground. Last week, Japan’s government lowered its assessment of the economy for the first time in many months in line with Bank of Japan

USD/JPY Outlook –March 14-18

USD/JPY Outlook –March 14-18

Japan’s strongest earthquake on record will overshadow the scheduled events this week. The Monetary policy Statement presenting Overnight Call Rate and BOJ Press conference will be the major events this week. Here is an outlook on the scheduled events. Following Japn’s strongest earthquake on record and the tsunami it triggered on March 11 the government

USD/JPY Outlook – February 14-18

USD/JPY Outlook – February 14-18

Preliminary GDP and Rate decision, Monetary Policy Meeting Minutes and BOJ Monthly Report are the most significant events this week. Here is an outlook on the Market movers ahead. Japanese Prime Minister Naoto Kan could face early election risk unless he manages to pass his record 92.4 trillion yen ($1.1 trillion) budget that begins in April