Tag - jpy - japanese yen

May 25: tensions
May 25: tensions

The US-China relations become more tensed pushing the USD gain value against the rest of the currencies; JPY loses, gold and oil indecisive.

Trade setups for AUD/JPY
Trade setups for AUD/JPY

It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.

May 20: mixed moods
May 20: mixed moods

The market is mixed this Wednesday, with the AUD and the NZD tipping out on their recent bullish advances, oil consolidating at the local resistance level, and gold getting back to an upward trajectory.

Why do traders prefer Japanese yen?
Why do traders prefer Japanese yen?

You may not have noticed that but the Japanese yen rose every month this year. It grew more than other currencies of the Group-of-10 and became a top currency. How could it have beaten the powerful US dollar? Let’s see.

May 18: WTI oil is above $30
May 18: WTI oil is above $30

The week started with a poor data from Japan. Stocks rally, WTI oil price is above $30, gold is headed to 1800.

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