08 October, 2015 by Aayush Jindal in Fundamental Analysis, Market Analysis, Technical Analysis, USDJPY
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...
06 March, 2015 by Aayush Jindal in Market Analysis
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...
27 February, 2015 by Aayush Jindal in Market Analysis
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...