2009-08-17T05:23:56+0000

August 17th, 2009 02:14:12 GMT.

Some buyers seen in EURJPY

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Just seeing a small move up in EURJPY, back above 134.00, as profit takers on shorts push it back up. Look for fresh sellin on rally towards 134.20 then 134.50.

2009-08-17T02:14:12+0000
2009-08-17T01:35:35+0000

August 17th, 2009 00:19:51 GMT.

Yen crosses lower

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Yen crosses are all lower, following the Japanese GDP number. EURJPY stops were triggered below 134.10 to send it lower to 133.85. EURUSD has followed but has held the 1.4150 level for now. There is talk of some bids here … Continue reading

2009-08-17T00:19:51+0000

August 16th, 2009 22:20:21 GMT.

Technical support close by in JPY crosses

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EUR/JPY has decent hourly support around 134.00 and GBP/JPY has also a short-term base in place at 156.00. A break of either level is likely to set off some stop-loss selling.

2009-08-16T22:20:21+0000
2009-08-16T21:19:40+0000

August 14th, 2009 05:23:50 GMT.

JPY sees some strength in Asian trade

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The Japanese yen has made some ground overnight in Asia, USD/JPY down at 95.20 from a North American close Thursday around 95.40, while EUR/JPY is down at 135.70 from around 136.30. General risk sentiment will be getting  a little jittery as … Continue reading

2009-08-14T05:23:50+0000
2009-08-14T03:18:46+0000

August 14th, 2009 02:15:45 GMT.

EURJPY slip after earlier fix demand

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There was good demand for EURJPY leading into the fix earlier, with a run up from 136.00 to 136.45, but has since slipped back towards 136.00. Technical traders tell me they are looking at the hourly ichimoku cloud top at … Continue reading

2009-08-14T02:15:45+0000

August 14th, 2009 00:03:35 GMT.

Nikkei opens up 0.3%

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FX markets are relatively quiet although EUR/JPY remains under a bit of pressure around 136.00 with next technical support at the overnight 135.50 low. AUD/USD has been a bit volatile after the RBA comments, jumping from .8420 to 45 and … Continue reading

2009-08-14T00:03:35+0000
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