USDJPY Trading Near Crucial Juncture Post Japanese Trade Report

Key Highlights US Dollar is trading lower and heading near a major support area against the Japanese Yen. 80-60 holds the key for the USDJPY pair in the near term as there lies a major barrier. Japanese Trade Balance - BOP Basis released by the Customs Office came in at ¥-326.1B in August 2015, compared with the last reading of ¥-108.0B. Japanese New Machinery Order...
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The USD Outpaces The Japanese YEN Ahead of The US NFP

Key Highlights US dollar continued to surge higher against most major currencies, including the Japanese yen. EURUSD made a new yearly low recently, which signifies strength of the US dollar. USDJPY climbed above the 120.00 level and gained momentum. US Nonfarm Payrolls and unemployment rate will be released today by the US Department of Labor. Japanese Leading Econ...
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Japan Registers Rise To 3.6% In Unemployment; CPI Stable

Key Highlights Japanese yen was seen trading lower against most major currencies after a few critical releases in Japan. Japanese National Consumer Price Index published by the Statistics Bureau registered a rise of 2.4% in January 2015, which is the same as the last reading of 2.4%. Japanese National CPI Ex Food, Energy increased by 2.1% in January 2015, compared to sa...
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