Tag: USD/JPY

Using Equity Indices to Trade Forex: Part 3

One potential problem with using the equity markets to inform your forex trades is that it can be hard to tell which market is...

Forex Trading Golden Rules Part 6: Use Technical AND Fundamental Analysis

One of the most commonly-asked questions among novice traders is "Should I use technical or fundamental analysis?". Well, there are a lot of traders...

More BoJ Stimulus on Way, Yen Sinks Further

The yen came under increased selling pressure in early trading this morning amidst the prospect of more stimulus from the Bank of Japan. The...

Yellen’s Dovish Comments Stall Dollar Rally

The dollar weakened against the euro in late trading yesterday after Janet Yellen - who is widely tipped to take over from Ben Bernanke...

Euro rebounds after Berlusconi backs down, USD under pressure

  Today, Italian Prime Minister Enrico Letta faces a vote of confidence to keep his beleaguered coalition government in power just seven months after the...

Olympic euphoria sets yen on downwards trend

The news that Tokyo has been successful with its bid to host the 2020 Olympics, coupled with an upgrade to second quarter GDP has...

Major Currencies: The Japanese Yen (JPY)

The Japanese yen (¥ or JPY) is the official currency of Japan, and is the third most traded currency on the forex market after...

USD Rises Against JPY as Syria Tensions Ease

With President Obama notably failing to commit to any firm plans for military action in Syria, tensions in the market have eased slightly, pushing...