Lot of volatility in EUR/JPY so keep positions manageable


After opening 150 pips higher than its NY closing level, EUR/JPY dipped 60 pips in about 10…

EUR/JPY starting to get hit by profit takers


There has been a fairly sharp 30 pip dip in EUR/JPY over the last few minutes with profit takers…

Yen crosses holding on to gains; still no reports on volumes, orders


Interbank dealers are still way too busy to be chatting with any other traders, never mind…

USD/JPY higher after LDP win


It looks like the LDP, in coalition with the smaller 'New Komeito' party will get the necessary 2/3…

What to expect from the Yen on Monday morning


The election booths will close at 11:00 GMT and then major TV stations will immediately issue their…

AUD/JPY giving up some earlier gains


AUD/JPY rallied from 88.00 to 88.50 after the Chinese PMI data but has now given back half of those…

Yen trend stays strong: Problem is you won’t want them once it starts dipping!


Nobody ever claimed that trading is easy. The Yen trend of recent weeks is very strong indeed but…

USD/JPY: Looks like early Europe fancies a test of range highs


USD/JPY is fast approaching recent highs near 82.80 but I find it hard to believe that there are…

Yen: Is it better to be long or short heading into risk events?


If we don't know the answer to this question then we should probably be square or have small…

Day ahead in the FX market, Wednesday December 12th


Minor data releases today; Australian consumer confidence and Japanese machinery orders: AUD/USD…

USD/JPY technicals: Flag or double-top


     Nice looking formations on the 4-hourly USD/JPY chart, and all we need to do is figure out…

EUR drifting lower in quiet trade


Typical Monday afternoon in Asia with USD/JPY in a 5 pip range and EUR/USD easing lower after…

JPY weekly preview


Big week ahead with the general election next weekend: USD/JPY stuck in a range between…

USD/JPY: First batch out of the way but more sell orders ahead


Interbank market reports more corporate sell orders at 82.60/65, just above the current market. Not…

USD/JPY orders: Solid selling interest 82.50


There were plenty of good-sized offers on the interbank trading platforms near 82.50 which have…

USD/JPY: Still plenty of buying interest below 81.50


USD/JPY has looked susceptible at times to a clean-out of long positions but so far the bulls are…

EUR/USD: Sell orders slow momentum for now at least


USD/JPY is again starting to edge further higher after the second surge of EUR/JPY buying today…

USD/JPY catches the bears napping


Looks like there were plenty of stops just above 82.20 and USD/JPY surprises yet again with some…